id	sid	tid	token	lemma	pos
fbem-13215	1	1	frontiers	frontier	NOUN
fbem-13215	1	2	in	in	ADP
fbem-13215	1	3	business	business	NOUN
fbem-13215	1	4	,	,	PUNCT
fbem-13215	1	5	economics	economic	NOUN
fbem-13215	1	6	and	and	CCONJ
fbem-13215	1	7	management	management	NOUN
fbem-13215	1	8	issn	issn	PROPN
fbem-13215	1	9	:	:	PUNCT
fbem-13215	1	10	2766	2766	NUM
fbem-13215	1	11	-	-	PUNCT
fbem-13215	1	12	824x	824x	NUM
fbem-13215	1	13	|	|	ADJ
fbem-13215	1	14	vol	vol	NOUN
fbem-13215	1	15	.	.	PUNCT
fbem-13215	2	1	11	11	NUM
fbem-13215	2	2	,	,	PUNCT
fbem-13215	2	3	no	no	INTJ
fbem-13215	2	4	.	.	NOUN
fbem-13215	2	5	3	3	NUM
fbem-13215	2	6	,	,	PUNCT
fbem-13215	2	7	2023	2023	NUM
fbem-13215	2	8	193	193	NUM
fbem-13215	2	9	the	the	DET
fbem-13215	2	10	influence	influence	NOUN
fbem-13215	2	11	of	of	ADP
fbem-13215	2	12	environmental	environmental	ADJ
fbem-13215	2	13	regulation	regulation	NOUN
fbem-13215	2	14	on	on	ADP
fbem-13215	2	15	the	the	DET
fbem-13215	2	16	innovation	innovation	NOUN
fbem-13215	2	17	of	of	ADP
fbem-13215	2	18	heavily	heavily	ADV
fbem-13215	2	19	polluting	polluting	ADJ
fbem-13215	2	20	enterprises	enterprise	NOUN
fbem-13215	2	21	-mediation	-mediation	NOUN
fbem-13215	2	22	effect	effect	NOUN
fbem-13215	2	23	test	test	NOUN
fbem-13215	2	24	based	base	VERB
fbem-13215	2	25	on	on	ADP
fbem-13215	2	26	financing	financing	NOUN
fbem-13215	2	27	constraints	constraint	NOUN
fbem-13215	2	28	jiachen	jiachen	PROPN
fbem-13215	2	29	wan1	wan1	NOUN
fbem-13215	2	30	,	,	PUNCT
fbem-13215	2	31	*	*	PROPN
fbem-13215	2	32	1east	1east	NUM
fbem-13215	2	33	china	china	PROPN
fbem-13215	2	34	university	university	PROPN
fbem-13215	2	35	of	of	ADP
fbem-13215	2	36	political	political	ADJ
fbem-13215	2	37	science	science	NOUN
fbem-13215	2	38	and	and	CCONJ
fbem-13215	2	39	law	law	NOUN
fbem-13215	2	40	,	,	PUNCT
fbem-13215	2	41	shanghai	shanghai	PROPN
fbem-13215	2	42	201600	201600	NUM
fbem-13215	2	43	,	,	PUNCT
fbem-13215	2	44	china	china	PROPN
fbem-13215	2	45	*	*	PUNCT
fbem-13215	2	46	corresponding	correspond	VERB
fbem-13215	2	47	author	author	NOUN
fbem-13215	2	48	:	:	PUNCT
fbem-13215	2	49	wwwannen@163.com	wwwannen@163.com	NOUN
fbem-13215	2	50	abstract	abstract	NOUN
fbem-13215	2	51	:	:	PUNCT
fbem-13215	2	52	this	this	DET
fbem-13215	2	53	paper	paper	NOUN
fbem-13215	2	54	selects	select	VERB
fbem-13215	2	55	the	the	DET
fbem-13215	2	56	listed	list	VERB
fbem-13215	2	57	companies	company	NOUN
fbem-13215	2	58	of	of	ADP
fbem-13215	2	59	heavy	heavy	ADJ
fbem-13215	2	60	pollution	pollution	NOUN
fbem-13215	2	61	manufacturing	manufacturing	NOUN
fbem-13215	2	62	industry	industry	NOUN
fbem-13215	2	63	in	in	ADP
fbem-13215	2	64	sse	sse	PROPN
fbem-13215	2	65	and	and	CCONJ
fbem-13215	2	66	shenzhen	shenzhen	PROPN
fbem-13215	2	67	stock	stock	PROPN
fbem-13215	2	68	exchange	exchange	PROPN
fbem-13215	2	69	from	from	ADP
fbem-13215	2	70	2014	2014	NUM
fbem-13215	2	71	to	to	ADP
fbem-13215	2	72	2018	2018	NUM
fbem-13215	2	73	as	as	ADP
fbem-13215	2	74	samples	sample	NOUN
fbem-13215	2	75	,	,	PUNCT
fbem-13215	2	76	and	and	CCONJ
fbem-13215	2	77	establishes	establish	VERB
fbem-13215	2	78	a	a	DET
fbem-13215	2	79	step	step	NOUN
fbem-13215	2	80	-	-	PUNCT
fbem-13215	2	81	by	by	ADP
fbem-13215	2	82	-	-	PUNCT
fbem-13215	2	83	step	step	NOUN
fbem-13215	2	84	regression	regression	NOUN
fbem-13215	2	85	model	model	NOUN
fbem-13215	2	86	to	to	PART
fbem-13215	2	87	explore	explore	VERB
fbem-13215	2	88	the	the	DET
fbem-13215	2	89	relationship	relationship	NOUN
fbem-13215	2	90	between	between	ADP
fbem-13215	2	91	environmental	environmental	ADJ
fbem-13215	2	92	regulations	regulation	NOUN
fbem-13215	2	93	,	,	PUNCT
fbem-13215	2	94	financing	financing	NOUN
fbem-13215	2	95	constraints	constraint	NOUN
fbem-13215	2	96	and	and	CCONJ
fbem-13215	2	97	enterprise	enterprise	NOUN
fbem-13215	2	98	innovation	innovation	NOUN
fbem-13215	2	99	,	,	PUNCT
fbem-13215	2	100	aiming	aim	VERB
fbem-13215	2	101	to	to	PART
fbem-13215	2	102	provide	provide	VERB
fbem-13215	2	103	reference	reference	NOUN
fbem-13215	2	104	for	for	ADP
fbem-13215	2	105	the	the	DET
fbem-13215	2	106	realization	realization	NOUN
fbem-13215	2	107	of	of	ADP
fbem-13215	2	108	green	green	ADJ
fbem-13215	2	109	and	and	CCONJ
fbem-13215	2	110	innovative	innovative	ADJ
fbem-13215	2	111	development	development	NOUN
fbem-13215	2	112	of	of	ADP
fbem-13215	2	113	enterprises	enterprise	NOUN
fbem-13215	2	114	.	.	PUNCT
fbem-13215	3	1	the	the	DET
fbem-13215	3	2	study	study	NOUN
fbem-13215	3	3	found	find	VERB
fbem-13215	3	4	that	that	SCONJ
fbem-13215	3	5	the	the	DET
fbem-13215	3	6	intensity	intensity	NOUN
fbem-13215	3	7	of	of	ADP
fbem-13215	3	8	environmental	environmental	ADJ
fbem-13215	3	9	regulation	regulation	NOUN
fbem-13215	3	10	significantly	significantly	ADV
fbem-13215	3	11	suppresses	suppress	VERB
fbem-13215	3	12	the	the	DET
fbem-13215	3	13	innovation	innovation	NOUN
fbem-13215	3	14	of	of	ADP
fbem-13215	3	15	heavily	heavily	ADV
fbem-13215	3	16	polluting	polluting	ADJ
fbem-13215	3	17	enterprises	enterprise	NOUN
fbem-13215	3	18	.	.	PUNCT
fbem-13215	4	1	then	then	ADV
fbem-13215	4	2	the	the	DET
fbem-13215	4	3	cost	cost	NOUN
fbem-13215	4	4	of	of	ADP
fbem-13215	4	5	environmental	environmental	ADJ
fbem-13215	4	6	protection	protection	NOUN
fbem-13215	4	7	investment	investment	NOUN
fbem-13215	4	8	of	of	ADP
fbem-13215	4	9	enterprises	enterprise	NOUN
fbem-13215	4	10	will	will	AUX
fbem-13215	4	11	increase	increase	VERB
fbem-13215	4	12	,	,	PUNCT
fbem-13215	4	13	which	which	PRON
fbem-13215	4	14	may	may	AUX
fbem-13215	4	15	cause	cause	VERB
fbem-13215	4	16	the	the	DET
fbem-13215	4	17	shortage	shortage	NOUN
fbem-13215	4	18	of	of	ADP
fbem-13215	4	19	disposable	disposable	ADJ
fbem-13215	4	20	funds	fund	NOUN
fbem-13215	4	21	of	of	ADP
fbem-13215	4	22	enterprises	enterprise	NOUN
fbem-13215	4	23	,	,	PUNCT
fbem-13215	4	24	which	which	PRON
fbem-13215	4	25	will	will	AUX
fbem-13215	4	26	reduce	reduce	VERB
fbem-13215	4	27	the	the	DET
fbem-13215	4	28	r	r	NOUN
fbem-13215	4	29	&	&	CCONJ
fbem-13215	4	30	d	d	NOUN
fbem-13215	4	31	investment	investment	NOUN
fbem-13215	4	32	in	in	ADP
fbem-13215	4	33	the	the	DET
fbem-13215	4	34	relationship	relationship	NOUN
fbem-13215	4	35	between	between	ADP
fbem-13215	4	36	environmental	environmental	ADJ
fbem-13215	4	37	regulation	regulation	NOUN
fbem-13215	4	38	and	and	CCONJ
fbem-13215	4	39	enterprise	enterprise	NOUN
fbem-13215	4	40	innovation	innovation	NOUN
fbem-13215	4	41	,	,	PUNCT
fbem-13215	4	42	indicating	indicate	VERB
fbem-13215	4	43	that	that	SCONJ
fbem-13215	4	44	part	part	NOUN
fbem-13215	4	45	of	of	ADP
fbem-13215	4	46	the	the	DET
fbem-13215	4	47	influence	influence	NOUN
fbem-13215	4	48	of	of	ADP
fbem-13215	4	49	environmental	environmental	ADJ
fbem-13215	4	50	regulation	regulation	NOUN
fbem-13215	4	51	on	on	ADP
fbem-13215	4	52	enterprise	enterprise	NOUN
fbem-13215	4	53	innovation	innovation	NOUN
fbem-13215	4	54	is	be	AUX
fbem-13215	4	55	realized	realize	VERB
fbem-13215	4	56	through	through	ADP
fbem-13215	4	57	financing	financing	NOUN
fbem-13215	4	58	constraints	constraint	NOUN
fbem-13215	4	59	.	.	PUNCT
fbem-13215	5	1	keywords	keyword	NOUN
fbem-13215	5	2	:	:	PUNCT
fbem-13215	5	3	environmental	environmental	ADJ
fbem-13215	5	4	regulation	regulation	NOUN
fbem-13215	5	5	;	;	PUNCT
fbem-13215	5	6	enterprise	enterprise	NOUN
fbem-13215	5	7	innovation	innovation	NOUN
fbem-13215	5	8	;	;	PUNCT
fbem-13215	5	9	financing	financing	NOUN
fbem-13215	5	10	constraints	constraint	NOUN
fbem-13215	5	11	.	.	PUNCT
fbem-13215	6	1	1	1	X
fbem-13215	6	2	.	.	X
fbem-13215	6	3	introduction	introduction	NOUN
fbem-13215	6	4	over	over	ADP
fbem-13215	6	5	the	the	DET
fbem-13215	6	6	past	past	ADJ
fbem-13215	6	7	40	40	NUM
fbem-13215	6	8	years	year	NOUN
fbem-13215	6	9	of	of	ADP
fbem-13215	6	10	reform	reform	NOUN
fbem-13215	6	11	and	and	CCONJ
fbem-13215	6	12	opening	opening	NOUN
fbem-13215	6	13	up	up	ADP
fbem-13215	6	14	,	,	PUNCT
fbem-13215	6	15	china	china	PROPN
fbem-13215	6	16	's	's	PART
fbem-13215	6	17	per	per	ADP
fbem-13215	6	18	capita	capita	X
fbem-13215	6	19	gdp	gdp	NOUN
fbem-13215	6	20	has	have	AUX
fbem-13215	6	21	increased	increase	VERB
fbem-13215	6	22	by	by	ADP
fbem-13215	6	23	more	more	ADJ
fbem-13215	6	24	than	than	ADP
fbem-13215	6	25	25	25	NUM
fbem-13215	6	26	times	time	NOUN
fbem-13215	6	27	.	.	PUNCT
fbem-13215	7	1	however	however	ADV
fbem-13215	7	2	,	,	PUNCT
fbem-13215	7	3	the	the	DET
fbem-13215	7	4	long	long	ADJ
fbem-13215	7	5	-	-	PUNCT
fbem-13215	7	6	term	term	NOUN
fbem-13215	7	7	rugged	rugged	ADJ
fbem-13215	7	8	development	development	NOUN
fbem-13215	7	9	model	model	NOUN
fbem-13215	7	10	has	have	AUX
fbem-13215	7	11	increased	increase	VERB
fbem-13215	7	12	the	the	DET
fbem-13215	7	13	burden	burden	NOUN
fbem-13215	7	14	of	of	ADP
fbem-13215	7	15	the	the	DET
fbem-13215	7	16	environment	environment	NOUN
fbem-13215	7	17	,	,	PUNCT
fbem-13215	7	18	and	and	CCONJ
fbem-13215	7	19	the	the	DET
fbem-13215	7	20	development	development	NOUN
fbem-13215	7	21	concept	concept	NOUN
fbem-13215	7	22	of	of	ADP
fbem-13215	7	23	"	"	PUNCT
fbem-13215	7	24	gdp	gdp	NOUN
fbem-13215	7	25	theory	theory	NOUN
fbem-13215	7	26	"	"	PUNCT
fbem-13215	7	27	runs	run	VERB
fbem-13215	7	28	counter	counter	ADV
fbem-13215	7	29	to	to	ADP
fbem-13215	7	30	the	the	DET
fbem-13215	7	31	call	call	NOUN
fbem-13215	7	32	for	for	ADP
fbem-13215	7	33	ecological	ecological	ADJ
fbem-13215	7	34	civilization	civilization	NOUN
fbem-13215	7	35	that	that	SCONJ
fbem-13215	7	36	"	"	PUNCT
fbem-13215	7	37	clear	clear	ADJ
fbem-13215	7	38	waters	water	NOUN
fbem-13215	7	39	and	and	CCONJ
fbem-13215	7	40	green	green	ADJ
fbem-13215	7	41	mountains	mountain	NOUN
fbem-13215	7	42	are	be	AUX
fbem-13215	7	43	gold	gold	NOUN
fbem-13215	7	44	and	and	CCONJ
fbem-13215	7	45	silver	silver	NOUN
fbem-13215	7	46	mountains	mountain	NOUN
fbem-13215	7	47	"	"	PUNCT
fbem-13215	7	48	.	.	PUNCT
fbem-13215	8	1	to	to	PART
fbem-13215	8	2	alleviate	alleviate	VERB
fbem-13215	8	3	the	the	DET
fbem-13215	8	4	unbalanced	unbalanced	ADJ
fbem-13215	8	5	economic	economic	ADJ
fbem-13215	8	6	growth	growth	NOUN
fbem-13215	8	7	,	,	PUNCT
fbem-13215	8	8	uncoordinated	uncoordinated	ADJ
fbem-13215	8	9	,	,	PUNCT
fbem-13215	8	10	unsustainable	unsustainable	ADJ
fbem-13215	8	11	contradiction	contradiction	NOUN
fbem-13215	8	12	,	,	PUNCT
fbem-13215	8	13	the	the	DET
fbem-13215	8	14	chinese	chinese	ADJ
fbem-13215	8	15	government	government	NOUN
fbem-13215	8	16	in	in	ADP
fbem-13215	8	17	the	the	DET
fbem-13215	8	18	eighteenth	eighteenth	ADJ
fbem-13215	8	19	big	big	ADJ
fbem-13215	8	20	,	,	PUNCT
fbem-13215	8	21	19	19	NUM
fbem-13215	8	22	report	report	NOUN
fbem-13215	8	23	and	and	CCONJ
fbem-13215	8	24	"	"	PUNCT
fbem-13215	8	25	made	make	VERB
fbem-13215	8	26	in	in	ADP
fbem-13215	8	27	china	china	PROPN
fbem-13215	8	28	2025	2025	NUM
fbem-13215	8	29	"	"	PUNCT
fbem-13215	8	30	planning	planning	NOUN
fbem-13215	8	31	are	be	AUX
fbem-13215	8	32	put	put	VERB
fbem-13215	8	33	forward	forward	ADV
fbem-13215	8	34	to	to	PART
fbem-13215	8	35	promote	promote	VERB
fbem-13215	8	36	green	green	ADJ
fbem-13215	8	37	development	development	NOUN
fbem-13215	8	38	and	and	CCONJ
fbem-13215	8	39	circular	circular	ADJ
fbem-13215	8	40	development	development	NOUN
fbem-13215	8	41	,	,	PUNCT
fbem-13215	8	42	comprehensively	comprehensively	ADV
fbem-13215	8	43	promote	promote	VERB
fbem-13215	8	44	resource	resource	NOUN
fbem-13215	8	45	consumption	consumption	NOUN
fbem-13215	8	46	,	,	PUNCT
fbem-13215	8	47	pollution	pollution	NOUN
fbem-13215	8	48	emissions	emission	NOUN
fbem-13215	8	49	of	of	ADP
fbem-13215	8	50	extensive	extensive	ADJ
fbem-13215	8	51	manufacturing	manufacturing	NOUN
fbem-13215	8	52	to	to	ADP
fbem-13215	8	53	green	green	ADJ
fbem-13215	8	54	manufacturing	manufacturing	NOUN
fbem-13215	8	55	,	,	PUNCT
fbem-13215	8	56	and	and	CCONJ
fbem-13215	8	57	cooperate	cooperate	VERB
fbem-13215	8	58	with	with	ADP
fbem-13215	8	59	the	the	DET
fbem-13215	8	60	"	"	PUNCT
fbem-13215	8	61	environmental	environmental	ADJ
fbem-13215	8	62	protection	protection	NOUN
fbem-13215	8	63	law	law	NOUN
fbem-13215	8	64	of	of	ADP
fbem-13215	8	65	the	the	DET
fbem-13215	8	66	people	people	NOUN
fbem-13215	8	67	's	's	PART
fbem-13215	8	68	republic	republic	NOUN
fbem-13215	8	69	of	of	ADP
fbem-13215	8	70	china	china	PROPN
fbem-13215	8	71	"	"	PUNCT
fbem-13215	8	72	and	and	CCONJ
fbem-13215	8	73	a	a	DET
fbem-13215	8	74	series	series	NOUN
fbem-13215	8	75	of	of	ADP
fbem-13215	8	76	policies	policy	NOUN
fbem-13215	8	77	and	and	CCONJ
fbem-13215	8	78	regulations	regulation	NOUN
fbem-13215	8	79	.	.	PUNCT
fbem-13215	9	1	enterprises	enterprise	NOUN
fbem-13215	9	2	are	be	AUX
fbem-13215	9	3	the	the	DET
fbem-13215	9	4	object	object	NOUN
fbem-13215	9	5	of	of	ADP
fbem-13215	9	6	the	the	DET
fbem-13215	9	7	direct	direct	ADJ
fbem-13215	9	8	effect	effect	NOUN
fbem-13215	9	9	of	of	ADP
fbem-13215	9	10	government	government	NOUN
fbem-13215	9	11	regulation	regulation	NOUN
fbem-13215	9	12	,	,	PUNCT
fbem-13215	9	13	and	and	CCONJ
fbem-13215	9	14	the	the	DET
fbem-13215	9	15	implementation	implementation	NOUN
fbem-13215	9	16	of	of	ADP
fbem-13215	9	17	a	a	DET
fbem-13215	9	18	series	series	NOUN
fbem-13215	9	19	of	of	ADP
fbem-13215	9	20	environmental	environmental	ADJ
fbem-13215	9	21	regulation	regulation	NOUN
fbem-13215	9	22	policies	policy	NOUN
fbem-13215	9	23	will	will	AUX
fbem-13215	9	24	inevitably	inevitably	ADV
fbem-13215	9	25	increase	increase	VERB
fbem-13215	9	26	certain	certain	ADJ
fbem-13215	9	27	economic	economic	ADJ
fbem-13215	9	28	constraints	constraint	NOUN
fbem-13215	9	29	to	to	ADP
fbem-13215	9	30	enterprises	enterprise	NOUN
fbem-13215	9	31	.	.	PUNCT
fbem-13215	10	1	therefore	therefore	ADV
fbem-13215	10	2	,	,	PUNCT
fbem-13215	10	3	although	although	SCONJ
fbem-13215	10	4	environmental	environmental	ADJ
fbem-13215	10	5	regulation	regulation	NOUN
fbem-13215	10	6	will	will	AUX
fbem-13215	10	7	improve	improve	VERB
fbem-13215	10	8	the	the	DET
fbem-13215	10	9	ecological	ecological	ADJ
fbem-13215	10	10	environment	environment	NOUN
fbem-13215	10	11	,	,	PUNCT
fbem-13215	10	12	it	it	PRON
fbem-13215	10	13	will	will	AUX
fbem-13215	10	14	also	also	ADV
fbem-13215	10	15	have	have	VERB
fbem-13215	10	16	an	an	DET
fbem-13215	10	17	impact	impact	NOUN
fbem-13215	10	18	on	on	ADP
fbem-13215	10	19	the	the	DET
fbem-13215	10	20	economic	economic	ADJ
fbem-13215	10	21	development	development	NOUN
fbem-13215	10	22	.	.	PUNCT
fbem-13215	11	1	from	from	ADP
fbem-13215	11	2	the	the	DET
fbem-13215	11	3	perspective	perspective	NOUN
fbem-13215	11	4	of	of	ADP
fbem-13215	11	5	economics	economic	NOUN
fbem-13215	11	6	,	,	PUNCT
fbem-13215	11	7	the	the	DET
fbem-13215	11	8	academic	academic	ADJ
fbem-13215	11	9	circle	circle	NOUN
fbem-13215	11	10	has	have	VERB
fbem-13215	11	11	different	different	ADJ
fbem-13215	11	12	views	view	NOUN
fbem-13215	11	13	on	on	ADP
fbem-13215	11	14	whether	whether	SCONJ
fbem-13215	11	15	environmental	environmental	ADJ
fbem-13215	11	16	regulation	regulation	NOUN
fbem-13215	11	17	and	and	CCONJ
fbem-13215	11	18	economic	economic	ADJ
fbem-13215	11	19	development	development	NOUN
fbem-13215	11	20	can	can	AUX
fbem-13215	11	21	achieve	achieve	VERB
fbem-13215	11	22	"	"	PUNCT
fbem-13215	11	23	win	win	NOUN
fbem-13215	11	24	-	-	PUNCT
fbem-13215	11	25	win	win	NOUN
fbem-13215	11	26	"	"	PUNCT
fbem-13215	11	27	.	.	PUNCT
fbem-13215	12	1	on	on	ADP
fbem-13215	12	2	the	the	DET
fbem-13215	12	3	one	one	NUM
fbem-13215	12	4	hand	hand	NOUN
fbem-13215	12	5	,	,	PUNCT
fbem-13215	12	6	represented	represent	VERB
fbem-13215	12	7	by	by	ADP
fbem-13215	12	8	the	the	DET
fbem-13215	12	9	neoclassical	neoclassical	ADJ
fbem-13215	12	10	economics	economic	NOUN
fbem-13215	12	11	"	"	PUNCT
fbem-13215	12	12	restriction	restriction	NOUN
fbem-13215	12	13	hypothesis	hypothesis	NOUN
fbem-13215	12	14	"	"	PUNCT
fbem-13215	12	15	points	point	VERB
fbem-13215	12	16	out	out	ADP
fbem-13215	12	17	that	that	SCONJ
fbem-13215	12	18	tighter	tight	ADJ
fbem-13215	12	19	environmental	environmental	ADJ
fbem-13215	12	20	policy	policy	NOUN
fbem-13215	12	21	will	will	AUX
fbem-13215	12	22	lead	lead	VERB
fbem-13215	12	23	to	to	ADP
fbem-13215	12	24	rising	rise	VERB
fbem-13215	12	25	pollution	pollution	NOUN
fbem-13215	12	26	costs	cost	NOUN
fbem-13215	12	27	of	of	ADP
fbem-13215	12	28	producers	producer	NOUN
fbem-13215	12	29	,	,	PUNCT
fbem-13215	12	30	when	when	SCONJ
fbem-13215	12	31	resource	resource	NOUN
fbem-13215	12	32	conditions	condition	NOUN
fbem-13215	12	33	remain	remain	VERB
fbem-13215	12	34	certain	certain	ADJ
fbem-13215	12	35	,	,	PUNCT
fbem-13215	12	36	high	high	ADJ
fbem-13215	12	37	cost	cost	NOUN
fbem-13215	12	38	will	will	AUX
fbem-13215	12	39	change	change	VERB
fbem-13215	12	40	the	the	DET
fbem-13215	12	41	enterprise	enterprise	NOUN
fbem-13215	12	42	resource	resource	NOUN
fbem-13215	12	43	allocation	allocation	NOUN
fbem-13215	12	44	,	,	PUNCT
fbem-13215	12	45	lead	lead	VERB
fbem-13215	12	46	to	to	PART
fbem-13215	12	47	reduce	reduce	VERB
fbem-13215	12	48	investment	investment	NOUN
fbem-13215	12	49	in	in	ADP
fbem-13215	12	50	research	research	NOUN
fbem-13215	12	51	and	and	CCONJ
fbem-13215	12	52	development	development	NOUN
fbem-13215	12	53	activities	activity	NOUN
fbem-13215	12	54	,	,	PUNCT
fbem-13215	12	55	reduce	reduce	VERB
fbem-13215	12	56	production	production	NOUN
fbem-13215	12	57	efficiency	efficiency	NOUN
fbem-13215	12	58	,	,	PUNCT
fbem-13215	12	59	and	and	CCONJ
fbem-13215	12	60	curb	curb	VERB
fbem-13215	12	61	the	the	DET
fbem-13215	12	62	economic	economic	ADJ
fbem-13215	12	63	growth	growth	NOUN
fbem-13215	12	64	.	.	PUNCT
fbem-13215	13	1	on	on	ADP
fbem-13215	13	2	the	the	DET
fbem-13215	13	3	other	other	ADJ
fbem-13215	13	4	hand	hand	NOUN
fbem-13215	13	5	,	,	PUNCT
fbem-13215	13	6	in	in	ADP
fbem-13215	13	7	the	the	DET
fbem-13215	13	8	1990s	1990	NOUN
fbem-13215	13	9	,	,	PUNCT
fbem-13215	13	10	porter	porter	NOUN
fbem-13215	13	11	et	et	PROPN
fbem-13215	13	12	al	al	PROPN
fbem-13215	13	13	reached	reach	VERB
fbem-13215	13	14	the	the	DET
fbem-13215	13	15	opposite	opposite	ADJ
fbem-13215	13	16	conclusion	conclusion	NOUN
fbem-13215	13	17	,	,	PUNCT
fbem-13215	13	18	the	the	DET
fbem-13215	13	19	porter	porter	NOUN
fbem-13215	13	20	hypothesis	hypothesis	NOUN
fbem-13215	13	21	.	.	PUNCT
fbem-13215	14	1	the	the	DET
fbem-13215	14	2	hypothesis	hypothesis	NOUN
fbem-13215	14	3	is	be	AUX
fbem-13215	14	4	that	that	SCONJ
fbem-13215	14	5	from	from	ADP
fbem-13215	14	6	a	a	DET
fbem-13215	14	7	long	long	ADJ
fbem-13215	14	8	-	-	PUNCT
fbem-13215	14	9	term	term	NOUN
fbem-13215	14	10	and	and	CCONJ
fbem-13215	14	11	dynamic	dynamic	ADJ
fbem-13215	14	12	perspective	perspective	NOUN
fbem-13215	14	13	,	,	PUNCT
fbem-13215	14	14	environmental	environmental	ADJ
fbem-13215	14	15	regulation	regulation	NOUN
fbem-13215	14	16	can	can	AUX
fbem-13215	14	17	effectively	effectively	ADV
fbem-13215	14	18	promote	promote	VERB
fbem-13215	14	19	manufacturers	manufacturer	NOUN
fbem-13215	14	20	to	to	PART
fbem-13215	14	21	carry	carry	VERB
fbem-13215	14	22	out	out	ADP
fbem-13215	14	23	innovative	innovative	ADJ
fbem-13215	14	24	activities	activity	NOUN
fbem-13215	14	25	and	and	CCONJ
fbem-13215	14	26	improve	improve	VERB
fbem-13215	14	27	production	production	NOUN
fbem-13215	14	28	profits	profit	NOUN
fbem-13215	14	29	,	,	PUNCT
fbem-13215	14	30	which	which	PRON
fbem-13215	14	31	can	can	AUX
fbem-13215	14	32	not	not	PART
fbem-13215	14	33	only	only	ADV
fbem-13215	14	34	compensate	compensate	VERB
fbem-13215	14	35	the	the	DET
fbem-13215	14	36	input	input	NOUN
fbem-13215	14	37	cost	cost	NOUN
fbem-13215	14	38	of	of	ADP
fbem-13215	14	39	environmental	environmental	ADJ
fbem-13215	14	40	protection	protection	NOUN
fbem-13215	14	41	,	,	PUNCT
fbem-13215	14	42	but	but	CCONJ
fbem-13215	14	43	also	also	ADV
fbem-13215	14	44	improve	improve	VERB
fbem-13215	14	45	the	the	DET
fbem-13215	14	46	productivity	productivity	NOUN
fbem-13215	14	47	and	and	CCONJ
fbem-13215	14	48	competitiveness	competitiveness	NOUN
fbem-13215	14	49	of	of	ADP
fbem-13215	14	50	enterprises	enterprise	NOUN
fbem-13215	14	51	.	.	PUNCT
fbem-13215	15	1	later	later	ADV
fbem-13215	15	2	,	,	PUNCT
fbem-13215	15	3	jaffe	jaffe	PROPN
fbem-13215	15	4	and	and	CCONJ
fbem-13215	15	5	palmer	palmer	PROPN
fbem-13215	15	6	decomposed	decompose	VERB
fbem-13215	15	7	the	the	DET
fbem-13215	15	8	porter	porter	NOUN
fbem-13215	15	9	hypothesis	hypothesis	NOUN
fbem-13215	15	10	into	into	ADP
fbem-13215	15	11	"	"	PUNCT
fbem-13215	15	12	weak	weak	ADJ
fbem-13215	15	13	porter	porter	NOUN
fbem-13215	15	14	hypothesis	hypothesis	NOUN
fbem-13215	15	15	"	"	PUNCT
fbem-13215	15	16	,	,	PUNCT
fbem-13215	15	17	"	"	PUNCT
fbem-13215	15	18	narrow	narrow	ADJ
fbem-13215	15	19	porter	porter	NOUN
fbem-13215	15	20	hypothesis	hypothesis	NOUN
fbem-13215	15	21	"	"	PUNCT
fbem-13215	15	22	and	and	CCONJ
fbem-13215	15	23	"	"	PUNCT
fbem-13215	15	24	strong	strong	ADJ
fbem-13215	15	25	porter	porter	NOUN
fbem-13215	15	26	hypothesis	hypothesis	NOUN
fbem-13215	15	27	"	"	PUNCT
fbem-13215	15	28	.	.	PUNCT
fbem-13215	16	1	the	the	DET
fbem-13215	16	2	first	first	ADJ
fbem-13215	16	3	version	version	NOUN
fbem-13215	16	4	believes	believe	VERB
fbem-13215	16	5	that	that	SCONJ
fbem-13215	16	6	reasonably	reasonably	ADV
fbem-13215	16	7	designed	design	VERB
fbem-13215	16	8	environmental	environmental	ADJ
fbem-13215	16	9	regulations	regulation	NOUN
fbem-13215	16	10	can	can	AUX
fbem-13215	16	11	stimulate	stimulate	VERB
fbem-13215	16	12	technological	technological	ADJ
fbem-13215	16	13	innovation	innovation	NOUN
fbem-13215	16	14	activities	activity	NOUN
fbem-13215	16	15	;	;	PUNCT
fbem-13215	16	16	the	the	DET
fbem-13215	16	17	second	second	ADJ
fbem-13215	16	18	version	version	NOUN
fbem-13215	16	19	means	mean	VERB
fbem-13215	16	20	that	that	SCONJ
fbem-13215	16	21	the	the	DET
fbem-13215	16	22	flexible	flexible	ADJ
fbem-13215	16	23	environmental	environmental	ADJ
fbem-13215	16	24	regulation	regulation	NOUN
fbem-13215	16	25	policies	policy	NOUN
fbem-13215	16	26	and	and	CCONJ
fbem-13215	16	27	means	mean	VERB
fbem-13215	16	28	can	can	AUX
fbem-13215	16	29	provide	provide	VERB
fbem-13215	16	30	more	more	ADJ
fbem-13215	16	31	impetus	impetus	NOUN
fbem-13215	16	32	for	for	ADP
fbem-13215	16	33	innovation	innovation	NOUN
fbem-13215	16	34	than	than	ADP
fbem-13215	16	35	normative	normative	ADJ
fbem-13215	16	36	and	and	CCONJ
fbem-13215	16	37	binding	bind	VERB
fbem-13215	16	38	policy	policy	NOUN
fbem-13215	16	39	means	mean	NOUN
fbem-13215	16	40	;	;	PUNCT
fbem-13215	16	41	and	and	CCONJ
fbem-13215	16	42	the	the	DET
fbem-13215	16	43	third	third	ADJ
fbem-13215	16	44	version	version	NOUN
fbem-13215	16	45	suggests	suggest	VERB
fbem-13215	16	46	that	that	SCONJ
fbem-13215	16	47	the	the	DET
fbem-13215	16	48	innovation	innovation	NOUN
fbem-13215	16	49	effect	effect	NOUN
fbem-13215	16	50	of	of	ADP
fbem-13215	16	51	environmental	environmental	ADJ
fbem-13215	16	52	regulations	regulation	NOUN
fbem-13215	16	53	can	can	AUX
fbem-13215	16	54	cover	cover	VERB
fbem-13215	16	55	the	the	DET
fbem-13215	16	56	total	total	ADJ
fbem-13215	16	57	cost	cost	NOUN
fbem-13215	16	58	of	of	ADP
fbem-13215	16	59	enterprises	enterprise	NOUN
fbem-13215	16	60	,	,	PUNCT
fbem-13215	16	61	leading	lead	VERB
fbem-13215	16	62	to	to	ADP
fbem-13215	16	63	the	the	DET
fbem-13215	16	64	increased	increase	VERB
fbem-13215	16	65	business	business	NOUN
fbem-13215	16	66	performance	performance	NOUN
fbem-13215	16	67	and	and	CCONJ
fbem-13215	16	68	competitiveness	competitiveness	NOUN
fbem-13215	16	69	of	of	ADP
fbem-13215	16	70	enterprises	enterprise	NOUN
fbem-13215	16	71	.	.	PUNCT
fbem-13215	17	1	for	for	ADP
fbem-13215	17	2	environmental	environmental	ADJ
fbem-13215	17	3	protection	protection	NOUN
fbem-13215	17	4	and	and	CCONJ
fbem-13215	17	5	the	the	DET
fbem-13215	17	6	sustainable	sustainable	ADJ
fbem-13215	17	7	economic	economic	ADJ
fbem-13215	17	8	development	development	NOUN
fbem-13215	17	9	,	,	PUNCT
fbem-13215	17	10	enterprise	enterprise	NOUN
fbem-13215	17	11	innovation	innovation	NOUN
fbem-13215	17	12	has	have	VERB
fbem-13215	17	13	important	important	ADJ
fbem-13215	17	14	strategic	strategic	ADJ
fbem-13215	17	15	significance	significance	NOUN
fbem-13215	17	16	,	,	PUNCT
fbem-13215	17	17	which	which	PRON
fbem-13215	17	18	is	be	AUX
fbem-13215	17	19	the	the	DET
fbem-13215	17	20	key	key	ADJ
fbem-13215	17	21	element	element	NOUN
fbem-13215	17	22	to	to	PART
fbem-13215	17	23	realize	realize	VERB
fbem-13215	17	24	the	the	DET
fbem-13215	17	25	beneficial	beneficial	ADJ
fbem-13215	17	26	situation	situation	NOUN
fbem-13215	17	27	of	of	ADP
fbem-13215	17	28	sustainable	sustainable	ADJ
fbem-13215	17	29	economic	economic	ADJ
fbem-13215	17	30	development	development	NOUN
fbem-13215	17	31	and	and	CCONJ
fbem-13215	17	32	environmental	environmental	ADJ
fbem-13215	17	33	protection	protection	NOUN
fbem-13215	17	34	.	.	PUNCT
fbem-13215	18	1	financing	financing	NOUN
fbem-13215	18	2	is	be	AUX
fbem-13215	18	3	an	an	DET
fbem-13215	18	4	important	important	ADJ
fbem-13215	18	5	factor	factor	NOUN
fbem-13215	18	6	to	to	PART
fbem-13215	18	7	improve	improve	VERB
fbem-13215	18	8	the	the	DET
fbem-13215	18	9	environmental	environmental	ADJ
fbem-13215	18	10	behavior	behavior	NOUN
fbem-13215	18	11	of	of	ADP
fbem-13215	18	12	enterprises	enterprise	NOUN
fbem-13215	18	13	,	,	PUNCT
fbem-13215	18	14	which	which	PRON
fbem-13215	18	15	has	have	VERB
fbem-13215	18	16	an	an	DET
fbem-13215	18	17	indirect	indirect	ADJ
fbem-13215	18	18	impact	impact	NOUN
fbem-13215	18	19	on	on	ADP
fbem-13215	18	20	the	the	DET
fbem-13215	18	21	sustainable	sustainable	ADJ
fbem-13215	18	22	development	development	NOUN
fbem-13215	18	23	of	of	ADP
fbem-13215	18	24	the	the	DET
fbem-13215	18	25	environment	environment	NOUN
fbem-13215	18	26	,	,	PUNCT
fbem-13215	18	27	and	and	CCONJ
fbem-13215	18	28	capital	capital	NOUN
fbem-13215	18	29	will	will	AUX
fbem-13215	18	30	have	have	VERB
fbem-13215	18	31	an	an	DET
fbem-13215	18	32	impact	impact	NOUN
fbem-13215	18	33	on	on	ADP
fbem-13215	18	34	the	the	DET
fbem-13215	18	35	enterprise	enterprise	NOUN
fbem-13215	18	36	's	's	PART
fbem-13215	18	37	environmental	environmental	ADJ
fbem-13215	18	38	strategy	strategy	NOUN
fbem-13215	18	39	.	.	PUNCT
fbem-13215	19	1	innovation	innovation	NOUN
fbem-13215	19	2	and	and	CCONJ
fbem-13215	19	3	improvement	improvement	NOUN
fbem-13215	19	4	of	of	ADP
fbem-13215	19	5	the	the	DET
fbem-13215	19	6	ecological	ecological	ADJ
fbem-13215	19	7	environment	environment	NOUN
fbem-13215	19	8	can	can	AUX
fbem-13215	19	9	not	not	PART
fbem-13215	19	10	be	be	AUX
fbem-13215	19	11	achieved	achieve	VERB
fbem-13215	19	12	overnight	overnight	ADV
fbem-13215	19	13	,	,	PUNCT
fbem-13215	19	14	which	which	PRON
fbem-13215	19	15	requires	require	VERB
fbem-13215	19	16	a	a	DET
fbem-13215	19	17	large	large	ADJ
fbem-13215	19	18	amount	amount	NOUN
fbem-13215	19	19	of	of	ADP
fbem-13215	19	20	sustained	sustained	ADJ
fbem-13215	19	21	and	and	CCONJ
fbem-13215	19	22	stable	stable	ADJ
fbem-13215	19	23	financial	financial	ADJ
fbem-13215	19	24	support	support	NOUN
fbem-13215	19	25	.	.	PUNCT
fbem-13215	20	1	if	if	SCONJ
fbem-13215	20	2	the	the	DET
fbem-13215	20	3	internal	internal	ADJ
fbem-13215	20	4	financing	financing	NOUN
fbem-13215	20	5	is	be	AUX
fbem-13215	20	6	insufficient	insufficient	ADJ
fbem-13215	20	7	or	or	CCONJ
fbem-13215	20	8	the	the	DET
fbem-13215	20	9	external	external	ADJ
fbem-13215	20	10	financing	financing	NOUN
fbem-13215	20	11	channels	channel	NOUN
fbem-13215	20	12	are	be	AUX
fbem-13215	20	13	not	not	PART
fbem-13215	20	14	smooth	smooth	ADJ
fbem-13215	20	15	,	,	PUNCT
fbem-13215	20	16	the	the	DET
fbem-13215	20	17	innovation	innovation	NOUN
fbem-13215	20	18	activities	activity	NOUN
fbem-13215	20	19	of	of	ADP
fbem-13215	20	20	enterprises	enterprise	NOUN
fbem-13215	20	21	to	to	PART
fbem-13215	20	22	respond	respond	VERB
fbem-13215	20	23	to	to	ADP
fbem-13215	20	24	environmental	environmental	ADJ
fbem-13215	20	25	regulations	regulation	NOUN
fbem-13215	20	26	will	will	AUX
fbem-13215	20	27	be	be	AUX
fbem-13215	20	28	limited	limit	VERB
fbem-13215	20	29	.	.	PUNCT
fbem-13215	21	1	at	at	ADP
fbem-13215	21	2	the	the	DET
fbem-13215	21	3	same	same	ADJ
fbem-13215	21	4	time	time	NOUN
fbem-13215	21	5	,	,	PUNCT
fbem-13215	21	6	different	different	ADJ
fbem-13215	21	7	internal	internal	ADJ
fbem-13215	21	8	factors	factor	NOUN
fbem-13215	21	9	such	such	ADJ
fbem-13215	21	10	as	as	ADP
fbem-13215	21	11	enterprise	enterprise	NOUN
fbem-13215	21	12	ownership	ownership	NOUN
fbem-13215	21	13	structure	structure	NOUN
fbem-13215	21	14	have	have	VERB
fbem-13215	21	15	different	different	ADJ
fbem-13215	21	16	perception	perception	NOUN
fbem-13215	21	17	of	of	ADP
fbem-13215	21	18	environmental	environmental	ADJ
fbem-13215	21	19	pressure	pressure	NOUN
fbem-13215	21	20	and	and	CCONJ
fbem-13215	21	21	financing	financing	NOUN
fbem-13215	21	22	constraints	constraint	NOUN
fbem-13215	21	23	.	.	PUNCT
fbem-13215	22	1	it	it	PRON
fbem-13215	22	2	can	can	AUX
fbem-13215	22	3	be	be	AUX
fbem-13215	22	4	seen	see	VERB
fbem-13215	22	5	that	that	SCONJ
fbem-13215	22	6	the	the	DET
fbem-13215	22	7	study	study	NOUN
fbem-13215	22	8	of	of	ADP
fbem-13215	22	9	the	the	DET
fbem-13215	22	10	relationship	relationship	NOUN
fbem-13215	22	11	between	between	ADP
fbem-13215	22	12	environmental	environmental	ADJ
fbem-13215	22	13	regulation	regulation	NOUN
fbem-13215	22	14	,	,	PUNCT
fbem-13215	22	15	financing	financing	NOUN
fbem-13215	22	16	constraints	constraint	NOUN
fbem-13215	22	17	and	and	CCONJ
fbem-13215	22	18	enterprise	enterprise	NOUN
fbem-13215	22	19	innovation	innovation	NOUN
fbem-13215	22	20	has	have	VERB
fbem-13215	22	21	certain	certain	ADJ
fbem-13215	22	22	practical	practical	ADJ
fbem-13215	22	23	significance	significance	NOUN
fbem-13215	22	24	.	.	PUNCT
fbem-13215	23	1	studying	study	VERB
fbem-13215	23	2	the	the	DET
fbem-13215	23	3	influence	influence	NOUN
fbem-13215	23	4	of	of	ADP
fbem-13215	23	5	government	government	NOUN
fbem-13215	23	6	environmental	environmental	ADJ
fbem-13215	23	7	regulation	regulation	NOUN
fbem-13215	23	8	on	on	ADP
fbem-13215	23	9	the	the	DET
fbem-13215	23	10	behavior	behavior	NOUN
fbem-13215	23	11	of	of	ADP
fbem-13215	23	12	enterprises	enterprise	NOUN
fbem-13215	23	13	in	in	ADP
fbem-13215	23	14	194	194	NUM
fbem-13215	23	15	heavy	heavy	ADJ
fbem-13215	23	16	pollution	pollution	NOUN
fbem-13215	23	17	industries	industry	NOUN
fbem-13215	23	18	is	be	AUX
fbem-13215	23	19	of	of	ADP
fbem-13215	23	20	great	great	ADJ
fbem-13215	23	21	practical	practical	ADJ
fbem-13215	23	22	significance	significance	NOUN
fbem-13215	23	23	for	for	ADP
fbem-13215	23	24	the	the	DET
fbem-13215	23	25	construction	construction	NOUN
fbem-13215	23	26	of	of	ADP
fbem-13215	23	27	ecological	ecological	ADJ
fbem-13215	23	28	civilization	civilization	NOUN
fbem-13215	23	29	and	and	CCONJ
fbem-13215	23	30	"	"	PUNCT
fbem-13215	23	31	beautiful	beautiful	ADJ
fbem-13215	23	32	china	china	NOUN
fbem-13215	23	33	"	"	PUNCT
fbem-13215	23	34	.	.	PUNCT
fbem-13215	24	1	this	this	DET
fbem-13215	24	2	paper	paper	NOUN
fbem-13215	24	3	selects	select	VERB
fbem-13215	24	4	the	the	DET
fbem-13215	24	5	2014	2014	NUM
fbem-13215	24	6	-	-	SYM
fbem-13215	24	7	2018	2018	NUM
fbem-13215	24	8	shanghai	shanghai	PROPN
fbem-13215	24	9	stock	stock	PROPN
fbem-13215	24	10	exchange	exchange	PROPN
fbem-13215	24	11	and	and	CCONJ
fbem-13215	24	12	shenzhen	shenzhen	PROPN
fbem-13215	24	13	stock	stock	PROPN
fbem-13215	24	14	exchange	exchange	PROPN
fbem-13215	24	15	a	a	DET
fbem-13215	24	16	-	-	PUNCT
fbem-13215	24	17	share	share	NOUN
fbem-13215	24	18	heavy	heavy	ADJ
fbem-13215	24	19	pollution	pollution	NOUN
fbem-13215	24	20	manufacturing	manufacturing	NOUN
fbem-13215	24	21	listed	list	VERB
fbem-13215	24	22	companies	company	NOUN
fbem-13215	24	23	as	as	ADP
fbem-13215	24	24	a	a	DET
fbem-13215	24	25	sample	sample	NOUN
fbem-13215	24	26	,	,	PUNCT
fbem-13215	24	27	the	the	DET
fbem-13215	24	28	influence	influence	NOUN
fbem-13215	24	29	of	of	ADP
fbem-13215	24	30	environmental	environmental	ADJ
fbem-13215	24	31	regulation	regulation	NOUN
fbem-13215	24	32	and	and	CCONJ
fbem-13215	24	33	financing	financing	NOUN
fbem-13215	24	34	constraints	constraint	NOUN
fbem-13215	24	35	on	on	ADP
fbem-13215	24	36	enterprise	enterprise	NOUN
fbem-13215	24	37	innovation	innovation	NOUN
fbem-13215	24	38	mechanism	mechanism	NOUN
fbem-13215	24	39	of	of	ADP
fbem-13215	24	40	empirical	empirical	ADJ
fbem-13215	24	41	analysis	analysis	NOUN
fbem-13215	24	42	,	,	PUNCT
fbem-13215	24	43	and	and	CCONJ
fbem-13215	24	44	the	the	DET
fbem-13215	24	45	financing	financing	NOUN
fbem-13215	24	46	constraints	constraint	NOUN
fbem-13215	24	47	as	as	ADP
fbem-13215	24	48	the	the	DET
fbem-13215	24	49	intermediary	intermediary	ADJ
fbem-13215	24	50	variable	variable	NOUN
fbem-13215	24	51	,	,	PUNCT
fbem-13215	24	52	using	use	VERB
fbem-13215	24	53	the	the	DET
fbem-13215	24	54	intermediary	intermediary	ADJ
fbem-13215	24	55	effect	effect	NOUN
fbem-13215	24	56	model	model	NOUN
fbem-13215	24	57	in	in	ADP
fbem-13215	24	58	the	the	DET
fbem-13215	24	59	environmental	environmental	ADJ
fbem-13215	24	60	regulation	regulation	NOUN
fbem-13215	24	61	and	and	CCONJ
fbem-13215	24	62	enterprise	enterprise	NOUN
fbem-13215	24	63	innovation	innovation	NOUN
fbem-13215	24	64	,	,	PUNCT
fbem-13215	24	65	in	in	ADP
fbem-13215	24	66	order	order	NOUN
fbem-13215	24	67	to	to	ADP
fbem-13215	24	68	governments	government	NOUN
fbem-13215	24	69	at	at	ADP
fbem-13215	24	70	all	all	DET
fbem-13215	24	71	levels	level	NOUN
fbem-13215	24	72	and	and	CCONJ
fbem-13215	24	73	relevant	relevant	ADJ
fbem-13215	24	74	departments	department	NOUN
fbem-13215	24	75	to	to	PART
fbem-13215	24	76	provide	provide	VERB
fbem-13215	24	77	reference	reference	NOUN
fbem-13215	24	78	,	,	PUNCT
fbem-13215	24	79	promote	promote	VERB
fbem-13215	24	80	the	the	DET
fbem-13215	24	81	development	development	NOUN
fbem-13215	24	82	of	of	ADP
fbem-13215	24	83	ecological	ecological	ADJ
fbem-13215	24	84	environment	environment	NOUN
fbem-13215	24	85	and	and	CCONJ
fbem-13215	24	86	economic	economic	ADJ
fbem-13215	24	87	quality	quality	NOUN
fbem-13215	24	88	go	go	VERB
fbem-13215	24	89	hand	hand	NOUN
fbem-13215	24	90	in	in	ADP
fbem-13215	24	91	hand	hand	NOUN
fbem-13215	24	92	.	.	PUNCT
fbem-13215	25	1	in	in	ADP
fbem-13215	25	2	this	this	DET
fbem-13215	25	3	paper	paper	NOUN
fbem-13215	25	4	,	,	PUNCT
fbem-13215	25	5	it	it	PRON
fbem-13215	25	6	is	be	AUX
fbem-13215	25	7	found	find	VERB
fbem-13215	25	8	that	that	SCONJ
fbem-13215	25	9	the	the	DET
fbem-13215	25	10	intensity	intensity	NOUN
fbem-13215	25	11	of	of	ADP
fbem-13215	25	12	environmental	environmental	ADJ
fbem-13215	25	13	regulation	regulation	NOUN
fbem-13215	25	14	has	have	VERB
fbem-13215	25	15	a	a	DET
fbem-13215	25	16	significant	significant	ADJ
fbem-13215	25	17	inhibitory	inhibitory	ADJ
fbem-13215	25	18	effect	effect	NOUN
fbem-13215	25	19	on	on	ADP
fbem-13215	25	20	the	the	DET
fbem-13215	25	21	r	r	NOUN
fbem-13215	25	22	&	&	CCONJ
fbem-13215	25	23	d	d	NOUN
fbem-13215	25	24	innovation	innovation	NOUN
fbem-13215	25	25	of	of	ADP
fbem-13215	25	26	heavily	heavily	ADV
fbem-13215	25	27	polluting	polluting	ADJ
fbem-13215	25	28	enterprises	enterprise	NOUN
fbem-13215	25	29	.	.	PUNCT
fbem-13215	26	1	when	when	SCONJ
fbem-13215	26	2	the	the	DET
fbem-13215	26	3	environmental	environmental	ADJ
fbem-13215	26	4	regulation	regulation	NOUN
fbem-13215	26	5	intensity	intensity	NOUN
fbem-13215	26	6	is	be	AUX
fbem-13215	26	7	large	large	ADJ
fbem-13215	26	8	,	,	PUNCT
fbem-13215	26	9	the	the	DET
fbem-13215	26	10	environmental	environmental	PROPN
fbem-13215	26	11	protection	protection	NOUN
fbem-13215	26	12	investment	investment	NOUN
fbem-13215	26	13	cost	cost	NOUN
fbem-13215	26	14	of	of	ADP
fbem-13215	26	15	enterprises	enterprise	NOUN
fbem-13215	26	16	will	will	AUX
fbem-13215	26	17	increase	increase	VERB
fbem-13215	26	18	,	,	PUNCT
fbem-13215	26	19	which	which	PRON
fbem-13215	26	20	may	may	AUX
fbem-13215	26	21	cause	cause	VERB
fbem-13215	26	22	the	the	DET
fbem-13215	26	23	shortage	shortage	NOUN
fbem-13215	26	24	of	of	ADP
fbem-13215	26	25	disposable	disposable	ADJ
fbem-13215	26	26	funds	fund	NOUN
fbem-13215	26	27	of	of	ADP
fbem-13215	26	28	enterprises	enterprise	NOUN
fbem-13215	26	29	,	,	PUNCT
fbem-13215	26	30	which	which	PRON
fbem-13215	26	31	will	will	AUX
fbem-13215	26	32	reduce	reduce	VERB
fbem-13215	26	33	the	the	DET
fbem-13215	26	34	r	r	NOUN
fbem-13215	26	35	&	&	CCONJ
fbem-13215	26	36	d	d	NOUN
fbem-13215	26	37	investment	investment	NOUN
fbem-13215	26	38	level	level	NOUN
fbem-13215	26	39	of	of	ADP
fbem-13215	26	40	enterprises	enterprise	NOUN
fbem-13215	26	41	,	,	PUNCT
fbem-13215	26	42	and	and	CCONJ
fbem-13215	26	43	play	play	VERB
fbem-13215	26	44	the	the	DET
fbem-13215	26	45	role	role	NOUN
fbem-13215	26	46	of	of	ADP
fbem-13215	26	47	some	some	DET
fbem-13215	26	48	intermediaries	intermediary	NOUN
fbem-13215	26	49	in	in	ADP
fbem-13215	26	50	the	the	DET
fbem-13215	26	51	relationship	relationship	NOUN
fbem-13215	26	52	between	between	ADP
fbem-13215	26	53	environmental	environmental	ADJ
fbem-13215	26	54	regulation	regulation	NOUN
fbem-13215	26	55	and	and	CCONJ
fbem-13215	26	56	enterprise	enterprise	NOUN
fbem-13215	26	57	innovation	innovation	NOUN
fbem-13215	26	58	,	,	PUNCT
fbem-13215	26	59	indicating	indicate	VERB
fbem-13215	26	60	that	that	SCONJ
fbem-13215	26	61	part	part	NOUN
fbem-13215	26	62	of	of	ADP
fbem-13215	26	63	the	the	DET
fbem-13215	26	64	influence	influence	NOUN
fbem-13215	26	65	of	of	ADP
fbem-13215	26	66	environmental	environmental	ADJ
fbem-13215	26	67	regulation	regulation	NOUN
fbem-13215	26	68	on	on	ADP
fbem-13215	26	69	enterprise	enterprise	NOUN
fbem-13215	26	70	innovation	innovation	NOUN
fbem-13215	26	71	is	be	AUX
fbem-13215	26	72	realized	realize	VERB
fbem-13215	26	73	through	through	ADP
fbem-13215	26	74	financing	financing	NOUN
fbem-13215	26	75	constraints	constraint	NOUN
fbem-13215	26	76	.	.	PUNCT
fbem-13215	27	1	2	2	X
fbem-13215	27	2	.	.	X
fbem-13215	27	3	literature	literature	NOUN
fbem-13215	27	4	review	review	PROPN
fbem-13215	27	5	and	and	CCONJ
fbem-13215	27	6	research	research	NOUN
fbem-13215	27	7	hypotheses	hypothesis	NOUN
fbem-13215	27	8	2.1	2.1	NUM
fbem-13215	27	9	.	.	PUNCT
fbem-13215	28	1	the	the	DET
fbem-13215	28	2	impact	impact	NOUN
fbem-13215	28	3	of	of	ADP
fbem-13215	28	4	environmental	environmental	ADJ
fbem-13215	28	5	regulation	regulation	NOUN
fbem-13215	28	6	on	on	ADP
fbem-13215	28	7	enterprise	enterprise	NOUN
fbem-13215	28	8	innovation	innovation	NOUN
fbem-13215	28	9	as	as	ADP
fbem-13215	28	10	the	the	DET
fbem-13215	28	11	internal	internal	ADJ
fbem-13215	28	12	and	and	CCONJ
fbem-13215	28	13	external	external	ADJ
fbem-13215	28	14	driving	driving	NOUN
fbem-13215	28	15	force	force	NOUN
fbem-13215	28	16	of	of	ADP
fbem-13215	28	17	enterprise	enterprise	NOUN
fbem-13215	28	18	value	value	NOUN
fbem-13215	28	19	growth	growth	NOUN
fbem-13215	28	20	and	and	CCONJ
fbem-13215	28	21	green	green	ADJ
fbem-13215	28	22	development	development	NOUN
fbem-13215	28	23	,	,	PUNCT
fbem-13215	28	24	the	the	DET
fbem-13215	28	25	relationship	relationship	NOUN
fbem-13215	28	26	between	between	ADP
fbem-13215	28	27	environmental	environmental	ADJ
fbem-13215	28	28	regulation	regulation	NOUN
fbem-13215	28	29	and	and	CCONJ
fbem-13215	28	30	enterprise	enterprise	NOUN
fbem-13215	28	31	innovation	innovation	NOUN
fbem-13215	28	32	has	have	AUX
fbem-13215	28	33	been	be	AUX
fbem-13215	28	34	highly	highly	ADV
fbem-13215	28	35	concerned	concern	VERB
fbem-13215	28	36	by	by	ADP
fbem-13215	28	37	the	the	DET
fbem-13215	28	38	academic	academic	ADJ
fbem-13215	28	39	and	and	CCONJ
fbem-13215	28	40	practical	practical	ADJ
fbem-13215	28	41	circles	circle	NOUN
fbem-13215	28	42	and	and	CCONJ
fbem-13215	28	43	has	have	AUX
fbem-13215	28	44	conducted	conduct	VERB
fbem-13215	28	45	a	a	DET
fbem-13215	28	46	series	series	NOUN
fbem-13215	28	47	of	of	ADP
fbem-13215	28	48	relevant	relevant	ADJ
fbem-13215	28	49	studies	study	NOUN
fbem-13215	28	50	.	.	PUNCT
fbem-13215	29	1	at	at	ADP
fbem-13215	29	2	present	present	ADJ
fbem-13215	29	3	,	,	PUNCT
fbem-13215	29	4	the	the	DET
fbem-13215	29	5	academic	academic	ADJ
fbem-13215	29	6	community	community	NOUN
fbem-13215	29	7	has	have	AUX
fbem-13215	29	8	not	not	PART
fbem-13215	29	9	reached	reach	VERB
fbem-13215	29	10	a	a	DET
fbem-13215	29	11	consensus	consensus	NOUN
fbem-13215	29	12	in	in	ADP
fbem-13215	29	13	the	the	DET
fbem-13215	29	14	research	research	NOUN
fbem-13215	29	15	conclusions	conclusion	NOUN
fbem-13215	29	16	on	on	ADP
fbem-13215	29	17	the	the	DET
fbem-13215	29	18	impact	impact	NOUN
fbem-13215	29	19	of	of	ADP
fbem-13215	29	20	environmental	environmental	ADJ
fbem-13215	29	21	regulation	regulation	NOUN
fbem-13215	29	22	on	on	ADP
fbem-13215	29	23	enterprise	enterprise	NOUN
fbem-13215	29	24	innovation	innovation	NOUN
fbem-13215	29	25	.	.	PUNCT
fbem-13215	30	1	there	there	PRON
fbem-13215	30	2	are	be	VERB
fbem-13215	30	3	mainly	mainly	ADV
fbem-13215	30	4	the	the	DET
fbem-13215	30	5	following	follow	VERB
fbem-13215	30	6	three	three	NUM
fbem-13215	30	7	views	view	NOUN
fbem-13215	30	8	:	:	PUNCT
fbem-13215	30	9	first	first	ADJ
fbem-13215	30	10	,	,	PUNCT
fbem-13215	30	11	environmental	environmental	ADJ
fbem-13215	30	12	regulation	regulation	NOUN
fbem-13215	30	13	can	can	AUX
fbem-13215	30	14	encourage	encourage	VERB
fbem-13215	30	15	enterprises	enterprise	NOUN
fbem-13215	30	16	to	to	PART
fbem-13215	30	17	increase	increase	VERB
fbem-13215	30	18	investment	investment	NOUN
fbem-13215	30	19	in	in	ADP
fbem-13215	30	20	innovation	innovation	NOUN
fbem-13215	30	21	.	.	PUNCT
fbem-13215	31	1	the	the	DET
fbem-13215	31	2	porter	porter	PROPN
fbem-13215	31	3	hypothesis	hypothesis	NOUN
fbem-13215	31	4	systematically	systematically	ADV
fbem-13215	31	5	expounds	expound	VERB
fbem-13215	31	6	the	the	DET
fbem-13215	31	7	possibility	possibility	NOUN
fbem-13215	31	8	of	of	ADP
fbem-13215	31	9	win	win	NOUN
fbem-13215	31	10	-	-	PUNCT
fbem-13215	31	11	win	win	NOUN
fbem-13215	31	12	results	result	NOUN
fbem-13215	31	13	between	between	ADP
fbem-13215	31	14	environmental	environmental	ADJ
fbem-13215	31	15	protection	protection	NOUN
fbem-13215	31	16	and	and	CCONJ
fbem-13215	31	17	improving	improve	VERB
fbem-13215	31	18	enterprise	enterprise	NOUN
fbem-13215	31	19	competitiveness	competitiveness	NOUN
fbem-13215	31	20	,	,	PUNCT
fbem-13215	31	21	and	and	CCONJ
fbem-13215	31	22	points	point	VERB
fbem-13215	31	23	out	out	ADP
fbem-13215	31	24	that	that	SCONJ
fbem-13215	31	25	strict	strict	ADJ
fbem-13215	31	26	and	and	CCONJ
fbem-13215	31	27	reasonable	reasonable	ADJ
fbem-13215	31	28	environmental	environmental	ADJ
fbem-13215	31	29	regulation	regulation	NOUN
fbem-13215	31	30	can	can	AUX
fbem-13215	31	31	promote	promote	VERB
fbem-13215	31	32	enterprise	enterprise	NOUN
fbem-13215	31	33	innovation	innovation	NOUN
fbem-13215	31	34	,	,	PUNCT
fbem-13215	31	35	so	so	SCONJ
fbem-13215	31	36	as	as	SCONJ
fbem-13215	31	37	to	to	PART
fbem-13215	31	38	obtain	obtain	VERB
fbem-13215	31	39	innovation	innovation	NOUN
fbem-13215	31	40	compensation	compensation	NOUN
fbem-13215	31	41	to	to	PART
fbem-13215	31	42	compensate	compensate	VERB
fbem-13215	31	43	for	for	ADP
fbem-13215	31	44	the	the	DET
fbem-13215	31	45	cost	cost	NOUN
fbem-13215	31	46	increase	increase	NOUN
fbem-13215	31	47	caused	cause	VERB
fbem-13215	31	48	by	by	ADP
fbem-13215	31	49	environmental	environmental	ADJ
fbem-13215	31	50	regulation	regulation	NOUN
fbem-13215	31	51	.	.	PUNCT
fbem-13215	32	1	li	li	PROPN
fbem-13215	32	2	yuanyuan	yuanyuan	PROPN
fbem-13215	32	3	et	et	PROPN
fbem-13215	32	4	al	al	PROPN
fbem-13215	32	5	.	.	PROPN
fbem-13215	32	6	studied	study	VERB
fbem-13215	32	7	the	the	DET
fbem-13215	32	8	relationship	relationship	NOUN
fbem-13215	32	9	between	between	ADP
fbem-13215	32	10	environmental	environmental	ADJ
fbem-13215	32	11	regulation	regulation	NOUN
fbem-13215	32	12	and	and	CCONJ
fbem-13215	32	13	technological	technological	ADJ
fbem-13215	32	14	innovation	innovation	NOUN
fbem-13215	32	15	by	by	ADP
fbem-13215	32	16	using	use	VERB
fbem-13215	32	17	the	the	DET
fbem-13215	32	18	relevant	relevant	ADJ
fbem-13215	32	19	data	datum	NOUN
fbem-13215	32	20	of	of	ADP
fbem-13215	32	21	chinese	chinese	ADJ
fbem-13215	32	22	a	a	DET
fbem-13215	32	23	-	-	PUNCT
fbem-13215	32	24	share	share	NOUN
fbem-13215	32	25	listed	list	VERB
fbem-13215	32	26	companies	company	NOUN
fbem-13215	32	27	from	from	ADP
fbem-13215	32	28	2013	2013	NUM
fbem-13215	32	29	to	to	ADP
fbem-13215	32	30	2017	2017	NUM
fbem-13215	32	31	,	,	PUNCT
fbem-13215	32	32	and	and	CCONJ
fbem-13215	32	33	the	the	DET
fbem-13215	32	34	results	result	NOUN
fbem-13215	32	35	showed	show	VERB
fbem-13215	32	36	that	that	SCONJ
fbem-13215	32	37	there	there	PRON
fbem-13215	32	38	is	be	VERB
fbem-13215	32	39	a	a	DET
fbem-13215	32	40	positive	positive	ADJ
fbem-13215	32	41	non	non	ADJ
fbem-13215	32	42	-	-	ADJ
fbem-13215	32	43	linear	linear	ADJ
fbem-13215	32	44	relationship	relationship	NOUN
fbem-13215	32	45	between	between	ADP
fbem-13215	32	46	environmental	environmental	ADJ
fbem-13215	32	47	regulation	regulation	NOUN
fbem-13215	32	48	and	and	CCONJ
fbem-13215	32	49	enterprise	enterprise	NOUN
fbem-13215	32	50	technological	technological	ADJ
fbem-13215	32	51	innovation	innovation	NOUN
fbem-13215	32	52	,	,	PUNCT
fbem-13215	32	53	and	and	CCONJ
fbem-13215	32	54	showed	show	VERB
fbem-13215	32	55	the	the	DET
fbem-13215	32	56	characteristics	characteristic	NOUN
fbem-13215	32	57	of	of	ADP
fbem-13215	32	58	diminishing	diminish	VERB
fbem-13215	32	59	marginal	marginal	ADJ
fbem-13215	32	60	efficiency	efficiency	NOUN
fbem-13215	32	61	.	.	PUNCT
fbem-13215	33	1	miaomiao	miaomiao	NOUN
fbem-13215	33	2	using	use	VERB
fbem-13215	33	3	principal	principal	ADJ
fbem-13215	33	4	component	component	NOUN
fbem-13215	33	5	analysis	analysis	NOUN
fbem-13215	33	6	and	and	CCONJ
fbem-13215	33	7	intermediary	intermediary	ADJ
fbem-13215	33	8	effect	effect	NOUN
fbem-13215	33	9	model	model	NOUN
fbem-13215	33	10	,	,	PUNCT
fbem-13215	33	11	found	find	VERB
fbem-13215	33	12	that	that	SCONJ
fbem-13215	33	13	the	the	PRON
fbem-13215	33	14	stronger	strong	ADJ
fbem-13215	33	15	the	the	DET
fbem-13215	33	16	environmental	environmental	ADJ
fbem-13215	33	17	regulation	regulation	NOUN
fbem-13215	33	18	,	,	PUNCT
fbem-13215	33	19	the	the	PRON
fbem-13215	33	20	higher	high	ADJ
fbem-13215	33	21	the	the	DET
fbem-13215	33	22	enterprise	enterprise	NOUN
fbem-13215	33	23	innovation	innovation	NOUN
fbem-13215	33	24	ability	ability	NOUN
fbem-13215	33	25	,	,	PUNCT
fbem-13215	33	26	and	and	CCONJ
fbem-13215	33	27	financing	financing	NOUN
fbem-13215	33	28	constraints	constraint	NOUN
fbem-13215	33	29	in	in	ADP
fbem-13215	33	30	the	the	DET
fbem-13215	33	31	relationship	relationship	NOUN
fbem-13215	33	32	between	between	ADP
fbem-13215	33	33	environmental	environmental	ADJ
fbem-13215	33	34	regulation	regulation	NOUN
fbem-13215	33	35	and	and	CCONJ
fbem-13215	33	36	enterprise	enterprise	NOUN
fbem-13215	33	37	innovation	innovation	NOUN
fbem-13215	33	38	play	play	VERB
fbem-13215	33	39	a	a	DET
fbem-13215	33	40	significant	significant	ADJ
fbem-13215	33	41	part	part	NOUN
fbem-13215	33	42	of	of	ADP
fbem-13215	33	43	the	the	DET
fbem-13215	33	44	intermediary	intermediary	ADJ
fbem-13215	33	45	role	role	NOUN
fbem-13215	33	46	,	,	PUNCT
fbem-13215	33	47	namely	namely	ADV
fbem-13215	33	48	the	the	DET
fbem-13215	33	49	part	part	NOUN
fbem-13215	33	50	of	of	ADP
fbem-13215	33	51	the	the	DET
fbem-13215	33	52	environmental	environmental	ADJ
fbem-13215	33	53	regulation	regulation	NOUN
fbem-13215	33	54	on	on	ADP
fbem-13215	33	55	enterprise	enterprise	NOUN
fbem-13215	33	56	innovation	innovation	NOUN
fbem-13215	33	57	is	be	AUX
fbem-13215	33	58	achieved	achieve	VERB
fbem-13215	33	59	by	by	ADP
fbem-13215	33	60	easing	ease	VERB
fbem-13215	33	61	enterprise	enterprise	NOUN
fbem-13215	33	62	external	external	ADJ
fbem-13215	33	63	financing	financing	NOUN
fbem-13215	33	64	constraints	constraint	NOUN
fbem-13215	33	65	.	.	PUNCT
fbem-13215	34	1	cai	cai	PROPN
fbem-13215	34	2	wuche	wuche	PROPN
fbem-13215	34	3	and	and	CCONJ
fbem-13215	34	4	li	li	PROPN
fbem-13215	34	5	qingqing	qingqing	PROPN
fbem-13215	34	6	used	use	VERB
fbem-13215	34	7	the	the	DET
fbem-13215	34	8	data	datum	NOUN
fbem-13215	34	9	of	of	ADP
fbem-13215	34	10	30	30	NUM
fbem-13215	34	11	provinces	province	NOUN
fbem-13215	34	12	in	in	ADP
fbem-13215	34	13	china	china	PROPN
fbem-13215	34	14	from	from	ADP
fbem-13215	34	15	2005	2005	NUM
fbem-13215	34	16	to	to	ADP
fbem-13215	34	17	2015	2015	NUM
fbem-13215	34	18	to	to	PART
fbem-13215	34	19	study	study	VERB
fbem-13215	34	20	the	the	DET
fbem-13215	34	21	impact	impact	NOUN
fbem-13215	34	22	of	of	ADP
fbem-13215	34	23	environmental	environmental	ADJ
fbem-13215	34	24	regulation	regulation	NOUN
fbem-13215	34	25	on	on	ADP
fbem-13215	34	26	ecological	ecological	ADJ
fbem-13215	34	27	technology	technology	NOUN
fbem-13215	34	28	innovation	innovation	NOUN
fbem-13215	34	29	of	of	ADP
fbem-13215	34	30	enterprises	enterprise	NOUN
fbem-13215	34	31	.	.	PUNCT
fbem-13215	35	1	the	the	DET
fbem-13215	35	2	results	result	NOUN
fbem-13215	35	3	showed	show	VERB
fbem-13215	35	4	that	that	SCONJ
fbem-13215	35	5	environmental	environmental	ADJ
fbem-13215	35	6	regulation	regulation	NOUN
fbem-13215	35	7	would	would	AUX
fbem-13215	35	8	have	have	VERB
fbem-13215	35	9	a	a	DET
fbem-13215	35	10	positive	positive	ADJ
fbem-13215	35	11	impact	impact	NOUN
fbem-13215	35	12	on	on	ADP
fbem-13215	35	13	ecological	ecological	ADJ
fbem-13215	35	14	technology	technology	NOUN
fbem-13215	35	15	innovation	innovation	NOUN
fbem-13215	35	16	of	of	ADP
fbem-13215	35	17	enterprises	enterprise	NOUN
fbem-13215	35	18	through	through	ADP
fbem-13215	35	19	r	r	NOUN
fbem-13215	35	20	&	&	CCONJ
fbem-13215	35	21	d	d	PROPN
fbem-13215	35	22	investment	investment	NOUN
fbem-13215	35	23	.	.	PUNCT
fbem-13215	36	1	yu	yu	PROPN
fbem-13215	36	2	kexin	kexin	PROPN
fbem-13215	36	3	et	et	PROPN
fbem-13215	36	4	al	al	PROPN
fbem-13215	36	5	.	.	PROPN
fbem-13215	36	6	took	take	VERB
fbem-13215	36	7	three	three	NUM
fbem-13215	36	8	a	a	DET
fbem-13215	36	9	-	-	PUNCT
fbem-13215	36	10	share	share	NOUN
fbem-13215	36	11	listed	list	VERB
fbem-13215	36	12	companies	company	NOUN
fbem-13215	36	13	from	from	ADP
fbem-13215	36	14	2014	2014	NUM
fbem-13215	36	15	to	to	ADP
fbem-13215	36	16	2017	2017	NUM
fbem-13215	36	17	as	as	ADP
fbem-13215	36	18	samples	sample	NOUN
fbem-13215	36	19	and	and	CCONJ
fbem-13215	36	20	studied	study	VERB
fbem-13215	36	21	the	the	DET
fbem-13215	36	22	role	role	NOUN
fbem-13215	36	23	of	of	ADP
fbem-13215	36	24	environmental	environmental	ADJ
fbem-13215	36	25	regulation	regulation	NOUN
fbem-13215	36	26	on	on	ADP
fbem-13215	36	27	green	green	ADJ
fbem-13215	36	28	technology	technology	NOUN
fbem-13215	36	29	innovation	innovation	NOUN
fbem-13215	36	30	of	of	ADP
fbem-13215	36	31	enterprises	enterprise	NOUN
fbem-13215	36	32	.	.	PUNCT
fbem-13215	37	1	the	the	DET
fbem-13215	37	2	results	result	NOUN
fbem-13215	37	3	showed	show	VERB
fbem-13215	37	4	that	that	SCONJ
fbem-13215	37	5	for	for	ADP
fbem-13215	37	6	the	the	DET
fbem-13215	37	7	vast	vast	ADJ
fbem-13215	37	8	majority	majority	NOUN
fbem-13215	37	9	of	of	ADP
fbem-13215	37	10	resource	resource	NOUN
fbem-13215	37	11	-	-	PUNCT
fbem-13215	37	12	based	base	VERB
fbem-13215	37	13	enterprises	enterprise	NOUN
fbem-13215	37	14	,	,	PUNCT
fbem-13215	37	15	environmental	environmental	ADJ
fbem-13215	37	16	regulation	regulation	NOUN
fbem-13215	37	17	plays	play	VERB
fbem-13215	37	18	a	a	DET
fbem-13215	37	19	positive	positive	ADJ
fbem-13215	37	20	role	role	NOUN
fbem-13215	37	21	in	in	ADP
fbem-13215	37	22	promoting	promote	VERB
fbem-13215	37	23	green	green	ADJ
fbem-13215	37	24	technology	technology	NOUN
fbem-13215	37	25	innovation	innovation	NOUN
fbem-13215	37	26	.	.	PUNCT
fbem-13215	38	1	second	second	ADJ
fbem-13215	38	2	,	,	PUNCT
fbem-13215	38	3	environmental	environmental	ADJ
fbem-13215	38	4	regulation	regulation	NOUN
fbem-13215	38	5	has	have	VERB
fbem-13215	38	6	a	a	DET
fbem-13215	38	7	crowding	crowd	VERB
fbem-13215	38	8	-	-	PUNCT
fbem-13215	38	9	out	out	ADP
fbem-13215	38	10	effect	effect	NOUN
fbem-13215	38	11	on	on	ADP
fbem-13215	38	12	technological	technological	ADJ
fbem-13215	38	13	innovation	innovation	NOUN
fbem-13215	38	14	investment	investment	NOUN
fbem-13215	38	15	.	.	PUNCT
fbem-13215	39	1	the	the	DET
fbem-13215	39	2	strengthening	strengthening	NOUN
fbem-13215	39	3	of	of	ADP
fbem-13215	39	4	environmental	environmental	ADJ
fbem-13215	39	5	regulation	regulation	NOUN
fbem-13215	39	6	leads	lead	VERB
fbem-13215	39	7	to	to	ADP
fbem-13215	39	8	the	the	DET
fbem-13215	39	9	increase	increase	NOUN
fbem-13215	39	10	of	of	ADP
fbem-13215	39	11	the	the	DET
fbem-13215	39	12	cost	cost	NOUN
fbem-13215	39	13	of	of	ADP
fbem-13215	39	14	pollution	pollution	NOUN
fbem-13215	39	15	control	control	NOUN
fbem-13215	39	16	in	in	ADP
fbem-13215	39	17	enterprises	enterprise	NOUN
fbem-13215	39	18	and	and	CCONJ
fbem-13215	39	19	can	can	AUX
fbem-13215	39	20	not	not	PART
fbem-13215	39	21	be	be	AUX
fbem-13215	39	22	fully	fully	ADV
fbem-13215	39	23	compensated	compensate	VERB
fbem-13215	39	24	,	,	PUNCT
fbem-13215	39	25	which	which	PRON
fbem-13215	39	26	is	be	AUX
fbem-13215	39	27	bound	bind	VERB
fbem-13215	39	28	to	to	PART
fbem-13215	39	29	restrict	restrict	VERB
fbem-13215	39	30	or	or	CCONJ
fbem-13215	39	31	occupy	occupy	VERB
fbem-13215	39	32	other	other	ADJ
fbem-13215	39	33	types	type	NOUN
fbem-13215	39	34	of	of	ADP
fbem-13215	39	35	investment	investment	NOUN
fbem-13215	39	36	,	,	PUNCT
fbem-13215	39	37	which	which	PRON
fbem-13215	39	38	may	may	AUX
fbem-13215	39	39	lead	lead	VERB
fbem-13215	39	40	to	to	ADP
fbem-13215	39	41	the	the	DET
fbem-13215	39	42	reduction	reduction	NOUN
fbem-13215	39	43	of	of	ADP
fbem-13215	39	44	r	r	NOUN
fbem-13215	39	45	&	&	CCONJ
fbem-13215	39	46	d	d	PROPN
fbem-13215	39	47	investment	investment	NOUN
fbem-13215	39	48	and	and	CCONJ
fbem-13215	39	49	production	production	NOUN
fbem-13215	39	50	scale	scale	NOUN
fbem-13215	39	51	of	of	ADP
fbem-13215	39	52	enterprises	enterprise	NOUN
fbem-13215	39	53	,	,	PUNCT
fbem-13215	39	54	and	and	CCONJ
fbem-13215	39	55	support	support	VERB
fbem-13215	39	56	the	the	DET
fbem-13215	39	57	traditional	traditional	ADJ
fbem-13215	39	58	neoclassical	neoclassical	ADJ
fbem-13215	39	59	theory	theory	NOUN
fbem-13215	39	60	.	.	PUNCT
fbem-13215	40	1	dean	dean	PROPN
fbem-13215	40	2	&	&	CCONJ
fbem-13215	40	3	brown	brown	PROPN
fbem-13215	40	4	used	use	VERB
fbem-13215	40	5	the	the	DET
fbem-13215	40	6	relevant	relevant	ADJ
fbem-13215	40	7	data	datum	NOUN
fbem-13215	40	8	of	of	ADP
fbem-13215	40	9	swedish	swedish	ADJ
fbem-13215	40	10	paper	paper	NOUN
fbem-13215	40	11	enterprises	enterprise	NOUN
fbem-13215	40	12	as	as	ADP
fbem-13215	40	13	a	a	DET
fbem-13215	40	14	sample	sample	NOUN
fbem-13215	40	15	,	,	PUNCT
fbem-13215	40	16	and	and	CCONJ
fbem-13215	40	17	found	find	VERB
fbem-13215	40	18	that	that	SCONJ
fbem-13215	40	19	the	the	PRON
fbem-13215	40	20	stronger	strong	ADJ
fbem-13215	40	21	the	the	DET
fbem-13215	40	22	degree	degree	NOUN
fbem-13215	40	23	of	of	ADP
fbem-13215	40	24	environmental	environmental	ADJ
fbem-13215	40	25	regulation	regulation	NOUN
fbem-13215	40	26	,	,	PUNCT
fbem-13215	40	27	the	the	PRON
fbem-13215	40	28	higher	high	ADJ
fbem-13215	40	29	the	the	DET
fbem-13215	40	30	production	production	NOUN
fbem-13215	40	31	cost	cost	NOUN
fbem-13215	40	32	of	of	ADP
fbem-13215	40	33	enterprises	enterprise	NOUN
fbem-13215	40	34	,	,	PUNCT
fbem-13215	40	35	so	so	SCONJ
fbem-13215	40	36	that	that	SCONJ
fbem-13215	40	37	the	the	DET
fbem-13215	40	38	environmental	environmental	ADJ
fbem-13215	40	39	regulation	regulation	NOUN
fbem-13215	40	40	has	have	VERB
fbem-13215	40	41	a	a	DET
fbem-13215	40	42	negative	negative	ADJ
fbem-13215	40	43	impact	impact	NOUN
fbem-13215	40	44	on	on	ADP
fbem-13215	40	45	the	the	DET
fbem-13215	40	46	innovation	innovation	NOUN
fbem-13215	40	47	investment	investment	NOUN
fbem-13215	40	48	of	of	ADP
fbem-13215	40	49	enterprises	enterprise	NOUN
fbem-13215	40	50	.	.	PUNCT
fbem-13215	41	1	wagner	wagner	PROPN
fbem-13215	41	2	using	use	VERB
fbem-13215	41	3	the	the	DET
fbem-13215	41	4	german	german	ADJ
fbem-13215	41	5	manufacturing	manufacturing	NOUN
fbem-13215	41	6	enterprises	enterprise	NOUN
fbem-13215	41	7	to	to	PART
fbem-13215	41	8	study	study	VERB
fbem-13215	41	9	the	the	DET
fbem-13215	41	10	relationship	relationship	NOUN
fbem-13215	41	11	between	between	ADP
fbem-13215	41	12	environmental	environmental	ADJ
fbem-13215	41	13	regulation	regulation	NOUN
fbem-13215	41	14	and	and	CCONJ
fbem-13215	41	15	enterprise	enterprise	NOUN
fbem-13215	41	16	technology	technology	NOUN
fbem-13215	41	17	innovation	innovation	NOUN
fbem-13215	41	18	,	,	PUNCT
fbem-13215	41	19	we	we	PRON
fbem-13215	41	20	found	find	VERB
fbem-13215	41	21	that	that	SCONJ
fbem-13215	41	22	there	there	PRON
fbem-13215	41	23	is	be	VERB
fbem-13215	41	24	a	a	DET
fbem-13215	41	25	negative	negative	ADJ
fbem-13215	41	26	correlation	correlation	NOUN
fbem-13215	41	27	between	between	ADP
fbem-13215	41	28	environmental	environmental	ADJ
fbem-13215	41	29	regulation	regulation	NOUN
fbem-13215	41	30	and	and	CCONJ
fbem-13215	41	31	enterprise	enterprise	NOUN
fbem-13215	41	32	green	green	ADJ
fbem-13215	41	33	technology	technology	NOUN
fbem-13215	41	34	innovation	innovation	NOUN
fbem-13215	41	35	.	.	PUNCT
fbem-13215	42	1	kneller	kneller	PROPN
fbem-13215	42	2	et	et	PROPN
fbem-13215	42	3	al	al	PROPN
fbem-13215	42	4	.	.	PROPN
fbem-13215	42	5	,	,	PUNCT
fbem-13215	42	6	taking	take	VERB
fbem-13215	42	7	the	the	DET
fbem-13215	42	8	british	british	ADJ
fbem-13215	42	9	manufacturing	manufacturing	NOUN
fbem-13215	42	10	industry	industry	NOUN
fbem-13215	42	11	from	from	ADP
fbem-13215	42	12	2000	2000	NUM
fbem-13215	42	13	to	to	ADP
fbem-13215	42	14	2006	2006	NUM
fbem-13215	42	15	,	,	PUNCT
fbem-13215	42	16	empirically	empirically	ADV
fbem-13215	42	17	tested	test	VERB
fbem-13215	42	18	the	the	DET
fbem-13215	42	19	"	"	PUNCT
fbem-13215	42	20	crowding	crowd	VERB
fbem-13215	42	21	out	out	ADP
fbem-13215	42	22	effect	effect	NOUN
fbem-13215	42	23	"	"	PUNCT
fbem-13215	42	24	of	of	ADP
fbem-13215	42	25	environmental	environmental	ADJ
fbem-13215	42	26	regulation	regulation	NOUN
fbem-13215	42	27	.	.	PUNCT
fbem-13215	43	1	he	he	PRON
fbem-13215	43	2	wuji	wuji	PROPN
fbem-13215	43	3	et	et	PROPN
fbem-13215	43	4	al	al	PROPN
fbem-13215	43	5	.	.	PROPN
fbem-13215	43	6	verified	verify	VERB
fbem-13215	43	7	the	the	DET
fbem-13215	43	8	green	green	ADJ
fbem-13215	43	9	tax	tax	NOUN
fbem-13215	43	10	,	,	PUNCT
fbem-13215	43	11	that	that	ADV
fbem-13215	43	12	is	is	ADV
fbem-13215	43	13	,	,	PUNCT
fbem-13215	43	14	the	the	DET
fbem-13215	43	15	inhibition	inhibition	NOUN
fbem-13215	43	16	of	of	ADP
fbem-13215	43	17	energy	energy	NOUN
fbem-13215	43	18	consumption	consumption	NOUN
fbem-13215	43	19	and	and	CCONJ
fbem-13215	43	20	environmental	environmental	ADJ
fbem-13215	43	21	pollution	pollution	NOUN
fbem-13215	43	22	,	,	PUNCT
fbem-13215	43	23	that	that	SCONJ
fbem-13215	43	24	the	the	DET
fbem-13215	43	25	sewage	sewage	NOUN
fbem-13215	43	26	fee	fee	NOUN
fbem-13215	43	27	has	have	AUX
fbem-13215	43	28	not	not	PART
fbem-13215	43	29	reflected	reflect	VERB
fbem-13215	43	30	the	the	DET
fbem-13215	43	31	green	green	ADJ
fbem-13215	43	32	innovation	innovation	NOUN
fbem-13215	43	33	transformation	transformation	NOUN
fbem-13215	43	34	of	of	ADP
fbem-13215	43	35	enterprises	enterprise	NOUN
fbem-13215	43	36	,	,	PUNCT
fbem-13215	43	37	and	and	CCONJ
fbem-13215	43	38	can	can	AUX
fbem-13215	43	39	not	not	PART
fbem-13215	43	40	significantly	significantly	ADV
fbem-13215	43	41	promote	promote	VERB
fbem-13215	43	42	the	the	DET
fbem-13215	43	43	improvement	improvement	NOUN
fbem-13215	43	44	of	of	ADP
fbem-13215	43	45	technological	technological	ADJ
fbem-13215	43	46	innovation	innovation	NOUN
fbem-13215	43	47	level	level	NOUN
fbem-13215	43	48	.	.	PUNCT
fbem-13215	44	1	third	third	ADJ
fbem-13215	44	2	,	,	PUNCT
fbem-13215	44	3	the	the	DET
fbem-13215	44	4	impact	impact	NOUN
fbem-13215	44	5	of	of	ADP
fbem-13215	44	6	environmental	environmental	ADJ
fbem-13215	44	7	regulation	regulation	NOUN
fbem-13215	44	8	on	on	ADP
fbem-13215	44	9	enterprise	enterprise	NOUN
fbem-13215	44	10	technology	technology	NOUN
fbem-13215	44	11	innovation	innovation	NOUN
fbem-13215	44	12	investment	investment	NOUN
fbem-13215	44	13	is	be	AUX
fbem-13215	44	14	uncertain	uncertain	ADJ
fbem-13215	44	15	.	.	PUNCT
fbem-13215	45	1	in	in	ADP
fbem-13215	45	2	addition	addition	NOUN
fbem-13215	45	3	to	to	ADP
fbem-13215	45	4	the	the	DET
fbem-13215	45	5	two	two	NUM
fbem-13215	45	6	influence	influence	NOUN
fbem-13215	45	7	mechanisms	mechanism	NOUN
fbem-13215	45	8	above	above	ADV
fbem-13215	45	9	,	,	PUNCT
fbem-13215	45	10	there	there	PRON
fbem-13215	45	11	are	be	VERB
fbem-13215	45	12	no	no	DET
fbem-13215	45	13	significant	significant	ADJ
fbem-13215	45	14	correlation	correlation	NOUN
fbem-13215	45	15	and	and	CCONJ
fbem-13215	45	16	different	different	ADJ
fbem-13215	45	17	non	non	ADJ
fbem-13215	45	18	-	-	ADJ
fbem-13215	45	19	linear	linear	ADJ
fbem-13215	45	20	relationships	relationship	NOUN
fbem-13215	45	21	based	base	VERB
fbem-13215	45	22	on	on	ADP
fbem-13215	45	23	different	different	ADJ
fbem-13215	45	24	types	type	NOUN
fbem-13215	45	25	of	of	ADP
fbem-13215	45	26	environmental	environmental	ADJ
fbem-13215	45	27	regulation	regulation	NOUN
fbem-13215	45	28	.	.	PUNCT
fbem-13215	46	1	frondel	frondel	NOUN
fbem-13215	46	2	through	through	ADP
fbem-13215	46	3	research	research	NOUN
fbem-13215	46	4	,	,	PUNCT
fbem-13215	46	5	we	we	PRON
fbem-13215	46	6	found	find	VERB
fbem-13215	46	7	that	that	SCONJ
fbem-13215	46	8	command	command	NOUN
fbem-13215	46	9	-	-	PUNCT
fbem-13215	46	10	controlled	control	VERB
fbem-13215	46	11	environmental	environmental	ADJ
fbem-13215	46	12	regulation	regulation	NOUN
fbem-13215	46	13	plays	play	VERB
fbem-13215	46	14	a	a	DET
fbem-13215	46	15	role	role	NOUN
fbem-13215	46	16	in	in	ADP
fbem-13215	46	17	promoting	promote	VERB
fbem-13215	46	18	the	the	DET
fbem-13215	46	19	development	development	NOUN
fbem-13215	46	20	of	of	ADP
fbem-13215	46	21	pollution	pollution	NOUN
fbem-13215	46	22	terminal	terminal	NOUN
fbem-13215	46	23	technology	technology	NOUN
fbem-13215	46	24	,	,	PUNCT
fbem-13215	46	25	but	but	CCONJ
fbem-13215	46	26	it	it	PRON
fbem-13215	46	27	has	have	VERB
fbem-13215	46	28	no	no	DET
fbem-13215	46	29	obvious	obvious	ADJ
fbem-13215	46	30	effect	effect	NOUN
fbem-13215	46	31	on	on	ADP
fbem-13215	46	32	cleaner	clean	ADJ
fbem-13215	46	33	production	production	NOUN
fbem-13215	46	34	technology	technology	NOUN
fbem-13215	46	35	,	,	PUNCT
fbem-13215	46	36	while	while	SCONJ
fbem-13215	46	37	market	market	NOUN
fbem-13215	46	38	-	-	PUNCT
fbem-13215	46	39	incentive	incentive	NOUN
fbem-13215	46	40	environmental	environmental	ADJ
fbem-13215	46	41	regulation	regulation	NOUN
fbem-13215	46	42	can	can	AUX
fbem-13215	46	43	not	not	PART
fbem-13215	46	44	play	play	VERB
fbem-13215	46	45	an	an	DET
fbem-13215	46	46	obvious	obvious	ADJ
fbem-13215	46	47	role	role	NOUN
fbem-13215	46	48	in	in	ADP
fbem-13215	46	49	both	both	PRON
fbem-13215	46	50	.	.	PUNCT
fbem-13215	47	1	the	the	DET
fbem-13215	47	2	studies	study	NOUN
fbem-13215	47	3	of	of	ADP
fbem-13215	47	4	shui	shui	PROPN
fbem-13215	47	5	huili	huili	PROPN
fbem-13215	47	6	and	and	CCONJ
fbem-13215	47	7	others	other	NOUN
fbem-13215	47	8	found	find	VERB
fbem-13215	47	9	that	that	SCONJ
fbem-13215	47	10	environmental	environmental	ADJ
fbem-13215	47	11	regulation	regulation	NOUN
fbem-13215	47	12	based	base	VERB
fbem-13215	47	13	on	on	ADP
fbem-13215	47	14	pollution	pollution	NOUN
fbem-13215	47	15	control	control	NOUN
fbem-13215	47	16	had	have	VERB
fbem-13215	47	17	a	a	DET
fbem-13215	47	18	crowding	crowd	VERB
fbem-13215	47	19	out	out	ADP
fbem-13215	47	20	effect	effect	NOUN
fbem-13215	47	21	on	on	ADP
fbem-13215	47	22	the	the	DET
fbem-13215	47	23	r	r	NOUN
fbem-13215	47	24	&	&	CCONJ
fbem-13215	47	25	d	d	NOUN
fbem-13215	47	26	investment	investment	NOUN
fbem-13215	47	27	of	of	ADP
fbem-13215	47	28	heavily	heavily	ADV
fbem-13215	47	29	polluting	polluting	ADJ
fbem-13215	47	30	enterprises	enterprise	NOUN
fbem-13215	47	31	,	,	PUNCT
fbem-13215	47	32	while	while	SCONJ
fbem-13215	47	33	environmental	environmental	ADJ
fbem-13215	47	34	regulation	regulation	NOUN
fbem-13215	47	35	based	base	VERB
fbem-13215	47	36	on	on	ADP
fbem-13215	47	37	energy	energy	NOUN
fbem-13215	47	38	consumption	consumption	NOUN
fbem-13215	47	39	management	management	NOUN
fbem-13215	47	40	significantly	significantly	ADV
fbem-13215	47	41	promoted	promote	VERB
fbem-13215	47	42	the	the	DET
fbem-13215	47	43	r	r	NOUN
fbem-13215	47	44	&	&	CCONJ
fbem-13215	47	45	d	d	NOUN
fbem-13215	47	46	investment	investment	NOUN
fbem-13215	47	47	of	of	ADP
fbem-13215	47	48	cleaner	clean	ADJ
fbem-13215	47	49	production	production	NOUN
fbem-13215	47	50	enterprises	enterprise	NOUN
fbem-13215	47	51	.	.	PUNCT
fbem-13215	48	1	ding	de	VERB
fbem-13215	48	2	xin	xin	PROPN
fbem-13215	48	3	et	et	PROPN
fbem-13215	48	4	al	al	PROPN
fbem-13215	48	5	.	.	PROPN
fbem-13215	48	6	used	use	VERB
fbem-13215	48	7	the	the	DET
fbem-13215	48	8	tobit	tobit	NOUN
fbem-13215	48	9	panel	panel	NOUN
fbem-13215	48	10	regression	regression	NOUN
fbem-13215	48	11	model	model	NOUN
fbem-13215	48	12	for	for	ADP
fbem-13215	48	13	empirical	empirical	ADJ
fbem-13215	48	14	analysis	analysis	NOUN
fbem-13215	48	15	,	,	PUNCT
fbem-13215	48	16	and	and	CCONJ
fbem-13215	48	17	found	find	VERB
fbem-13215	48	18	that	that	SCONJ
fbem-13215	48	19	the	the	DET
fbem-13215	48	20	intensity	intensity	NOUN
fbem-13215	48	21	of	of	ADP
fbem-13215	48	22	environmental	environmental	ADJ
fbem-13215	48	23	regulation	regulation	NOUN
fbem-13215	48	24	showed	show	VERB
fbem-13215	48	25	a	a	DET
fbem-13215	48	26	significant	significant	ADJ
fbem-13215	48	27	"	"	PUNCT
fbem-13215	48	28	u	u	NOUN
fbem-13215	48	29	"	"	PUNCT
fbem-13215	48	30	-shaped	-shaped	ADJ
fbem-13215	48	31	relationship	relationship	NOUN
fbem-13215	48	32	with	with	ADP
fbem-13215	48	33	the	the	DET
fbem-13215	48	34	r	r	NOUN
fbem-13215	48	35	&	&	CCONJ
fbem-13215	48	36	d	d	NOUN
fbem-13215	48	37	investment	investment	NOUN
fbem-13215	48	38	and	and	CCONJ
fbem-13215	48	39	the	the	DET
fbem-13215	48	40	number	number	NOUN
fbem-13215	48	41	of	of	ADP
fbem-13215	48	42	patent	patent	NOUN
fbem-13215	48	43	applications	application	NOUN
fbem-13215	48	44	of	of	ADP
fbem-13215	48	45	chinese	chinese	ADJ
fbem-13215	48	46	a	a	DET
fbem-13215	48	47	-	-	PUNCT
fbem-13215	48	48	share	share	NOUN
fbem-13215	48	49	listed	list	VERB
fbem-13215	48	50	companies	company	NOUN
fbem-13215	48	51	.	.	PUNCT
fbem-13215	49	1	based	base	VERB
fbem-13215	49	2	on	on	ADP
fbem-13215	49	3	two	two	NUM
fbem-13215	49	4	environmental	environmental	ADJ
fbem-13215	49	5	regulation	regulation	NOUN
fbem-13215	49	6	types	type	NOUN
fbem-13215	49	7	of	of	ADP
fbem-13215	49	8	cost	cost	NOUN
fbem-13215	49	9	and	and	CCONJ
fbem-13215	49	10	investment	investment	NOUN
fbem-13215	49	11	,	,	PUNCT
fbem-13215	49	12	zhang	zhang	PROPN
fbem-13215	49	13	ping	ping	PROPN
fbem-13215	49	14	empirically	empirically	ADV
fbem-13215	49	15	studied	study	VERB
fbem-13215	49	16	the	the	DET
fbem-13215	49	17	influence	influence	NOUN
fbem-13215	49	18	of	of	ADP
fbem-13215	49	19	different	different	ADJ
fbem-13215	49	20	environmental	environmental	ADJ
fbem-13215	49	21	regulation	regulation	NOUN
fbem-13215	49	22	types	type	NOUN
fbem-13215	49	23	on	on	ADP
fbem-13215	49	24	enterprise	enterprise	NOUN
fbem-13215	49	25	technological	technological	ADJ
fbem-13215	49	26	innovation	innovation	NOUN
fbem-13215	49	27	.	.	PUNCT
fbem-13215	50	1	the	the	DET
fbem-13215	50	2	research	research	NOUN
fbem-13215	50	3	shows	show	VERB
fbem-13215	50	4	that	that	SCONJ
fbem-13215	50	5	cost	cost	VERB
fbem-13215	50	6	environmental	environmental	ADJ
fbem-13215	50	7	regulation	regulation	NOUN
fbem-13215	50	8	will	will	AUX
fbem-13215	50	9	produce	produce	VERB
fbem-13215	50	10	"	"	PUNCT
fbem-13215	50	11	crowding	crowd	VERB
fbem-13215	50	12	out	out	ADP
fbem-13215	50	13	effect	effect	NOUN
fbem-13215	50	14	"	"	PUNCT
fbem-13215	50	15	on	on	ADP
fbem-13215	50	16	enterprise	enterprise	NOUN
fbem-13215	50	17	195	195	NUM
fbem-13215	50	18	technological	technological	ADJ
fbem-13215	50	19	innovation	innovation	NOUN
fbem-13215	50	20	and	and	CCONJ
fbem-13215	50	21	have	have	VERB
fbem-13215	50	22	certain	certain	ADJ
fbem-13215	50	23	inhibitory	inhibitory	ADJ
fbem-13215	50	24	effect	effect	NOUN
fbem-13215	50	25	;	;	PUNCT
fbem-13215	50	26	the	the	DET
fbem-13215	50	27	influence	influence	NOUN
fbem-13215	50	28	of	of	ADP
fbem-13215	50	29	investment	investment	NOUN
fbem-13215	50	30	environmental	environmental	ADJ
fbem-13215	50	31	regulation	regulation	NOUN
fbem-13215	50	32	on	on	ADP
fbem-13215	50	33	enterprise	enterprise	NOUN
fbem-13215	50	34	technological	technological	ADJ
fbem-13215	50	35	innovation	innovation	NOUN
fbem-13215	50	36	is	be	AUX
fbem-13215	50	37	consistent	consistent	ADJ
fbem-13215	50	38	with	with	ADP
fbem-13215	50	39	the	the	DET
fbem-13215	50	40	"	"	PUNCT
fbem-13215	50	41	porter	porter	NOUN
fbem-13215	50	42	hypothesis	hypothesis	NOUN
fbem-13215	50	43	"	"	PUNCT
fbem-13215	50	44	and	and	CCONJ
fbem-13215	50	45	can	can	AUX
fbem-13215	50	46	promote	promote	VERB
fbem-13215	50	47	the	the	DET
fbem-13215	50	48	technological	technological	ADJ
fbem-13215	50	49	innovation	innovation	NOUN
fbem-13215	50	50	of	of	ADP
fbem-13215	50	51	enterprises	enterprise	NOUN
fbem-13215	50	52	to	to	ADP
fbem-13215	50	53	some	some	DET
fbem-13215	50	54	extent	extent	NOUN
fbem-13215	50	55	.	.	PUNCT
fbem-13215	51	1	therefore	therefore	ADV
fbem-13215	51	2	,	,	PUNCT
fbem-13215	51	3	although	although	SCONJ
fbem-13215	51	4	a	a	DET
fbem-13215	51	5	lot	lot	NOUN
fbem-13215	51	6	of	of	ADP
fbem-13215	51	7	achievements	achievement	NOUN
fbem-13215	51	8	have	have	AUX
fbem-13215	51	9	been	be	AUX
fbem-13215	51	10	made	make	VERB
fbem-13215	51	11	in	in	ADP
fbem-13215	51	12	the	the	DET
fbem-13215	51	13	research	research	NOUN
fbem-13215	51	14	on	on	ADP
fbem-13215	51	15	the	the	DET
fbem-13215	51	16	impact	impact	NOUN
fbem-13215	51	17	of	of	ADP
fbem-13215	51	18	environmental	environmental	ADJ
fbem-13215	51	19	regulation	regulation	NOUN
fbem-13215	51	20	on	on	ADP
fbem-13215	51	21	technological	technological	ADJ
fbem-13215	51	22	innovation	innovation	NOUN
fbem-13215	51	23	at	at	ADP
fbem-13215	51	24	home	home	NOUN
fbem-13215	51	25	and	and	CCONJ
fbem-13215	51	26	abroad	abroad	ADV
fbem-13215	51	27	,	,	PUNCT
fbem-13215	51	28	no	no	DET
fbem-13215	51	29	complete	complete	ADJ
fbem-13215	51	30	consistent	consistent	ADJ
fbem-13215	51	31	conclusion	conclusion	NOUN
fbem-13215	51	32	has	have	AUX
fbem-13215	51	33	been	be	AUX
fbem-13215	51	34	reached	reach	VERB
fbem-13215	51	35	.	.	PUNCT
fbem-13215	52	1	in	in	ADP
fbem-13215	52	2	summary	summary	NOUN
fbem-13215	52	3	,	,	PUNCT
fbem-13215	52	4	the	the	DET
fbem-13215	52	5	following	follow	VERB
fbem-13215	52	6	assumptions	assumption	NOUN
fbem-13215	52	7	are	be	AUX
fbem-13215	52	8	proposed	propose	VERB
fbem-13215	52	9	:	:	PUNCT
fbem-13215	52	10	𝐻1	𝐻1	NOUN
fbem-13215	52	11	:	:	PUNCT
fbem-13215	52	12	there	there	PRON
fbem-13215	52	13	is	be	VERB
fbem-13215	52	14	a	a	DET
fbem-13215	52	15	significant	significant	ADJ
fbem-13215	52	16	positive	positive	ADJ
fbem-13215	52	17	correlation	correlation	NOUN
fbem-13215	52	18	between	between	ADP
fbem-13215	52	19	environmental	environmental	ADJ
fbem-13215	52	20	regulation	regulation	NOUN
fbem-13215	52	21	and	and	CCONJ
fbem-13215	52	22	enterprise	enterprise	NOUN
fbem-13215	52	23	innovation	innovation	NOUN
fbem-13215	52	24	.	.	PUNCT
fbem-13215	53	1	𝐻1	𝐻1	PROPN
fbem-13215	53	2	:	:	PUNCT
fbem-13215	53	3	there	there	PRON
fbem-13215	53	4	is	be	VERB
fbem-13215	53	5	a	a	DET
fbem-13215	53	6	significant	significant	ADJ
fbem-13215	53	7	negative	negative	ADJ
fbem-13215	53	8	correlation	correlation	NOUN
fbem-13215	53	9	between	between	ADP
fbem-13215	53	10	environmental	environmental	ADJ
fbem-13215	53	11	regulation	regulation	NOUN
fbem-13215	53	12	and	and	CCONJ
fbem-13215	53	13	enterprise	enterprise	NOUN
fbem-13215	53	14	innovation	innovation	NOUN
fbem-13215	53	15	.	.	PUNCT
fbem-13215	54	1	2.2	2.2	NUM
fbem-13215	54	2	.	.	PUNCT
fbem-13215	55	1	mediating	mediate	VERB
fbem-13215	55	2	effect	effect	NOUN
fbem-13215	55	3	based	base	VERB
fbem-13215	55	4	on	on	ADP
fbem-13215	55	5	financing	financing	NOUN
fbem-13215	55	6	constraints	constraint	NOUN
fbem-13215	55	7	for	for	ADP
fbem-13215	55	8	the	the	DET
fbem-13215	55	9	relationship	relationship	NOUN
fbem-13215	55	10	between	between	ADP
fbem-13215	55	11	financing	financing	NOUN
fbem-13215	55	12	constraints	constraint	NOUN
fbem-13215	55	13	and	and	CCONJ
fbem-13215	55	14	enterprise	enterprise	NOUN
fbem-13215	55	15	innovation	innovation	NOUN
fbem-13215	55	16	,	,	PUNCT
fbem-13215	55	17	domestic	domestic	ADJ
fbem-13215	55	18	and	and	CCONJ
fbem-13215	55	19	foreign	foreign	ADJ
fbem-13215	55	20	scholars	scholar	NOUN
fbem-13215	55	21	have	have	AUX
fbem-13215	55	22	done	do	VERB
fbem-13215	55	23	a	a	DET
fbem-13215	55	24	series	series	NOUN
fbem-13215	55	25	of	of	ADP
fbem-13215	55	26	research	research	NOUN
fbem-13215	55	27	.	.	PUNCT
fbem-13215	56	1	efthyvoulou	efthyvoulou	PROPN
fbem-13215	56	2	&	&	CCONJ
fbem-13215	56	3	vahter	vahter	PROPN
fbem-13215	56	4	used	use	VERB
fbem-13215	56	5	innovative	innovative	ADJ
fbem-13215	56	6	enterprises	enterprise	NOUN
fbem-13215	56	7	in	in	ADP
fbem-13215	56	8	11	11	NUM
fbem-13215	56	9	european	european	ADJ
fbem-13215	56	10	countries	country	NOUN
fbem-13215	56	11	to	to	PART
fbem-13215	56	12	investigate	investigate	VERB
fbem-13215	56	13	and	and	CCONJ
fbem-13215	56	14	study	study	VERB
fbem-13215	56	15	,	,	PUNCT
fbem-13215	56	16	and	and	CCONJ
fbem-13215	56	17	found	find	VERB
fbem-13215	56	18	that	that	SCONJ
fbem-13215	56	19	there	there	PRON
fbem-13215	56	20	is	be	VERB
fbem-13215	56	21	a	a	DET
fbem-13215	56	22	negative	negative	ADJ
fbem-13215	56	23	correlation	correlation	NOUN
fbem-13215	56	24	between	between	ADP
fbem-13215	56	25	financing	financing	NOUN
fbem-13215	56	26	constraints	constraint	NOUN
fbem-13215	56	27	and	and	CCONJ
fbem-13215	56	28	the	the	DET
fbem-13215	56	29	innovation	innovation	NOUN
fbem-13215	56	30	performance	performance	NOUN
fbem-13215	56	31	of	of	ADP
fbem-13215	56	32	enterprises	enterprise	NOUN
fbem-13215	56	33	,	,	PUNCT
fbem-13215	56	34	and	and	CCONJ
fbem-13215	56	35	financing	financing	NOUN
fbem-13215	56	36	constraints	constraint	NOUN
fbem-13215	56	37	are	be	AUX
fbem-13215	56	38	an	an	DET
fbem-13215	56	39	important	important	ADJ
fbem-13215	56	40	reason	reason	NOUN
fbem-13215	56	41	for	for	ADP
fbem-13215	56	42	the	the	DET
fbem-13215	56	43	reduction	reduction	NOUN
fbem-13215	56	44	of	of	ADP
fbem-13215	56	45	the	the	DET
fbem-13215	56	46	innovation	innovation	NOUN
fbem-13215	56	47	performance	performance	NOUN
fbem-13215	56	48	of	of	ADP
fbem-13215	56	49	enterprises	enterprise	NOUN
fbem-13215	56	50	.	.	PUNCT
fbem-13215	57	1	silva	silva	PROPN
fbem-13215	57	2	&	&	CCONJ
fbem-13215	57	3	carreira	carreira	PROPN
fbem-13215	57	4	takes	take	VERB
fbem-13215	57	5	portuguese	portuguese	ADJ
fbem-13215	57	6	companies	company	NOUN
fbem-13215	57	7	as	as	ADP
fbem-13215	57	8	the	the	DET
fbem-13215	57	9	research	research	NOUN
fbem-13215	57	10	object	object	NOUN
fbem-13215	57	11	to	to	PART
fbem-13215	57	12	analyzes	analyze	VERB
fbem-13215	57	13	the	the	DET
fbem-13215	57	14	obstacle	obstacle	NOUN
fbem-13215	57	15	degree	degree	NOUN
fbem-13215	57	16	of	of	ADP
fbem-13215	57	17	financing	financing	NOUN
fbem-13215	57	18	constraints	constraint	NOUN
fbem-13215	57	19	to	to	ADP
fbem-13215	57	20	enterprise	enterprise	NOUN
fbem-13215	57	21	innovation	innovation	NOUN
fbem-13215	57	22	.	.	PUNCT
fbem-13215	58	1	the	the	DET
fbem-13215	58	2	results	result	NOUN
fbem-13215	58	3	show	show	VERB
fbem-13215	58	4	that	that	SCONJ
fbem-13215	58	5	enterprises	enterprise	NOUN
fbem-13215	58	6	will	will	AUX
fbem-13215	58	7	be	be	AUX
fbem-13215	58	8	negatively	negatively	ADV
fbem-13215	58	9	affected	affect	VERB
fbem-13215	58	10	by	by	ADP
fbem-13215	58	11	financing	finance	VERB
fbem-13215	58	12	constraints	constraint	NOUN
fbem-13215	58	13	in	in	ADP
fbem-13215	58	14	the	the	DET
fbem-13215	58	15	process	process	NOUN
fbem-13215	58	16	of	of	ADP
fbem-13215	58	17	r	r	NOUN
fbem-13215	58	18	&	&	CCONJ
fbem-13215	58	19	d	d	PROPN
fbem-13215	58	20	and	and	CCONJ
fbem-13215	58	21	innovation	innovation	NOUN
fbem-13215	58	22	,	,	PUNCT
fbem-13215	58	23	and	and	CCONJ
fbem-13215	58	24	financing	financing	NOUN
fbem-13215	58	25	constraints	constraint	NOUN
fbem-13215	58	26	will	will	AUX
fbem-13215	58	27	reduce	reduce	VERB
fbem-13215	58	28	the	the	DET
fbem-13215	58	29	innovation	innovation	NOUN
fbem-13215	58	30	investment	investment	NOUN
fbem-13215	58	31	of	of	ADP
fbem-13215	58	32	enterprises	enterprise	NOUN
fbem-13215	58	33	.	.	PUNCT
fbem-13215	59	1	liu	liu	PROPN
fbem-13215	59	2	shengqiang	shengqiang	PROPN
fbem-13215	59	3	et	et	PROPN
fbem-13215	59	4	al	al	PROPN
fbem-13215	59	5	.	.	PROPN
fbem-13215	59	6	used	use	VERB
fbem-13215	59	7	the	the	DET
fbem-13215	59	8	euler	euler	NOUN
fbem-13215	59	9	equation	equation	NOUN
fbem-13215	59	10	and	and	CCONJ
fbem-13215	59	11	the	the	DET
fbem-13215	59	12	bilateral	bilateral	ADJ
fbem-13215	59	13	stochastic	stochastic	ADJ
fbem-13215	59	14	boundary	boundary	ADJ
fbem-13215	59	15	method	method	NOUN
fbem-13215	59	16	to	to	PART
fbem-13215	59	17	study	study	VERB
fbem-13215	59	18	the	the	DET
fbem-13215	59	19	impact	impact	NOUN
fbem-13215	59	20	of	of	ADP
fbem-13215	59	21	financing	financing	NOUN
fbem-13215	59	22	constraints	constraint	NOUN
fbem-13215	59	23	and	and	CCONJ
fbem-13215	59	24	agency	agency	NOUN
fbem-13215	59	25	costs	cost	NOUN
fbem-13215	59	26	on	on	ADP
fbem-13215	59	27	the	the	DET
fbem-13215	59	28	r	r	NOUN
fbem-13215	59	29	&	&	CCONJ
fbem-13215	59	30	d	d	NOUN
fbem-13215	59	31	investment	investment	NOUN
fbem-13215	59	32	of	of	ADP
fbem-13215	59	33	enterprises	enterprise	NOUN
fbem-13215	59	34	,	,	PUNCT
fbem-13215	59	35	and	and	CCONJ
fbem-13215	59	36	found	find	VERB
fbem-13215	59	37	that	that	SCONJ
fbem-13215	59	38	the	the	DET
fbem-13215	59	39	financing	financing	NOUN
fbem-13215	59	40	constraints	constraint	NOUN
fbem-13215	59	41	showed	show	VERB
fbem-13215	59	42	a	a	DET
fbem-13215	59	43	significant	significant	ADJ
fbem-13215	59	44	negative	negative	ADJ
fbem-13215	59	45	correlation	correlation	NOUN
fbem-13215	59	46	with	with	ADP
fbem-13215	59	47	the	the	DET
fbem-13215	59	48	r	r	NOUN
fbem-13215	59	49	&	&	CCONJ
fbem-13215	59	50	d	d	NOUN
fbem-13215	59	51	investment	investment	NOUN
fbem-13215	59	52	of	of	ADP
fbem-13215	59	53	enterprises	enterprise	NOUN
fbem-13215	59	54	,	,	PUNCT
fbem-13215	59	55	and	and	CCONJ
fbem-13215	59	56	its	its	PRON
fbem-13215	59	57	existence	existence	NOUN
fbem-13215	59	58	would	would	AUX
fbem-13215	59	59	lead	lead	VERB
fbem-13215	59	60	to	to	ADP
fbem-13215	59	61	the	the	DET
fbem-13215	59	62	insufficient	insufficient	ADJ
fbem-13215	59	63	r	r	NOUN
fbem-13215	59	64	&	&	CCONJ
fbem-13215	59	65	d	d	NOUN
fbem-13215	59	66	investment	investment	NOUN
fbem-13215	59	67	of	of	ADP
fbem-13215	59	68	enterprises	enterprise	NOUN
fbem-13215	59	69	.	.	PUNCT
fbem-13215	60	1	zhou	zhou	PROPN
fbem-13215	60	2	kaiguo	kaiguo	PROPN
fbem-13215	60	3	and	and	CCONJ
fbem-13215	60	4	others	other	NOUN
fbem-13215	60	5	used	use	VERB
fbem-13215	60	6	the	the	DET
fbem-13215	60	7	sample	sample	NOUN
fbem-13215	60	8	of	of	ADP
fbem-13215	60	9	chinese	chinese	ADJ
fbem-13215	60	10	enterprises	enterprise	NOUN
fbem-13215	60	11	in	in	ADP
fbem-13215	60	12	the	the	DET
fbem-13215	60	13	world	world	NOUN
fbem-13215	60	14	bank	bank	NOUN
fbem-13215	60	15	questionnaire	questionnaire	NOUN
fbem-13215	60	16	,	,	PUNCT
fbem-13215	60	17	and	and	CCONJ
fbem-13215	60	18	found	find	VERB
fbem-13215	60	19	that	that	SCONJ
fbem-13215	60	20	financing	financing	NOUN
fbem-13215	60	21	constraints	constraint	NOUN
fbem-13215	60	22	could	could	AUX
fbem-13215	60	23	restrain	restrain	VERB
fbem-13215	60	24	enterprises	enterprise	NOUN
fbem-13215	60	25	when	when	SCONJ
fbem-13215	60	26	facing	face	VERB
fbem-13215	60	27	fierce	fierce	ADJ
fbem-13215	60	28	product	product	NOUN
fbem-13215	60	29	and	and	CCONJ
fbem-13215	60	30	market	market	NOUN
fbem-13215	60	31	competition	competition	NOUN
fbem-13215	60	32	.	.	PUNCT
fbem-13215	61	1	sheng	sheng	PROPN
fbem-13215	61	2	dan	dan	PROPN
fbem-13215	61	3	et	et	PROPN
fbem-13215	61	4	al	al	PROPN
fbem-13215	61	5	.	.	PROPN
fbem-13215	61	6	explored	explore	VERB
fbem-13215	61	7	the	the	DET
fbem-13215	61	8	impact	impact	NOUN
fbem-13215	61	9	mechanism	mechanism	NOUN
fbem-13215	61	10	of	of	ADP
fbem-13215	61	11	environmental	environmental	ADJ
fbem-13215	61	12	regulation	regulation	NOUN
fbem-13215	61	13	from	from	ADP
fbem-13215	61	14	the	the	DET
fbem-13215	61	15	perspective	perspective	NOUN
fbem-13215	61	16	of	of	ADP
fbem-13215	61	17	social	social	ADJ
fbem-13215	61	18	responsibility	responsibility	NOUN
fbem-13215	61	19	and	and	CCONJ
fbem-13215	61	20	environmental	environmental	ADJ
fbem-13215	61	21	information	information	NOUN
fbem-13215	61	22	disclosure	disclosure	NOUN
fbem-13215	61	23	,	,	PUNCT
fbem-13215	61	24	and	and	CCONJ
fbem-13215	61	25	believed	believe	VERB
fbem-13215	61	26	that	that	SCONJ
fbem-13215	61	27	the	the	DET
fbem-13215	61	28	main	main	ADJ
fbem-13215	61	29	transmission	transmission	NOUN
fbem-13215	61	30	path	path	NOUN
fbem-13215	61	31	comes	come	VERB
fbem-13215	61	32	from	from	ADP
fbem-13215	61	33	easing	ease	VERB
fbem-13215	61	34	the	the	DET
fbem-13215	61	35	financing	financing	NOUN
fbem-13215	61	36	constraints	constraint	NOUN
fbem-13215	61	37	of	of	ADP
fbem-13215	61	38	enterprises	enterprise	NOUN
fbem-13215	61	39	to	to	PART
fbem-13215	61	40	promote	promote	VERB
fbem-13215	61	41	the	the	DET
fbem-13215	61	42	technological	technological	ADJ
fbem-13215	61	43	innovation	innovation	NOUN
fbem-13215	61	44	of	of	ADP
fbem-13215	61	45	enterprises	enterprise	NOUN
fbem-13215	61	46	.	.	PUNCT
fbem-13215	62	1	some	some	DET
fbem-13215	62	2	scholars	scholar	NOUN
fbem-13215	62	3	have	have	AUX
fbem-13215	62	4	also	also	ADV
fbem-13215	62	5	found	find	VERB
fbem-13215	62	6	that	that	SCONJ
fbem-13215	62	7	financing	financing	NOUN
fbem-13215	62	8	constraints	constraint	NOUN
fbem-13215	62	9	and	and	CCONJ
fbem-13215	62	10	the	the	DET
fbem-13215	62	11	positive	positive	ADJ
fbem-13215	62	12	relationship	relationship	NOUN
fbem-13215	62	13	between	between	ADP
fbem-13215	62	14	enterprise	enterprise	NOUN
fbem-13215	62	15	innovation	innovation	NOUN
fbem-13215	62	16	,	,	PUNCT
fbem-13215	62	17	such	such	ADJ
fbem-13215	62	18	as	as	ADP
fbem-13215	62	19	wang	wang	PROPN
fbem-13215	62	20	wanqiu	wanqiu	PROPN
fbem-13215	62	21	and	and	CCONJ
fbem-13215	62	22	xingyue	xingyue	NOUN
fbem-13215	62	23	to	to	ADP
fbem-13215	62	24	a	a	DET
fbem-13215	62	25	-	-	PUNCT
fbem-13215	62	26	share	share	NOUN
fbem-13215	62	27	listed	list	VERB
fbem-13215	62	28	companies	company	NOUN
fbem-13215	62	29	as	as	ADP
fbem-13215	62	30	a	a	DET
fbem-13215	62	31	sample	sample	NOUN
fbem-13215	62	32	,	,	PUNCT
fbem-13215	62	33	studied	study	VERB
fbem-13215	62	34	the	the	DET
fbem-13215	62	35	financing	financing	NOUN
fbem-13215	62	36	constraints	constraint	NOUN
fbem-13215	62	37	will	will	AUX
fbem-13215	62	38	restrict	restrict	VERB
fbem-13215	62	39	technology	technology	NOUN
fbem-13215	62	40	after	after	ADP
fbem-13215	62	41	r	r	NOUN
fbem-13215	62	42	&	&	CCONJ
fbem-13215	62	43	d	d	PROPN
fbem-13215	62	44	investment	investment	NOUN
fbem-13215	62	45	,	,	PUNCT
fbem-13215	62	46	the	the	DET
fbem-13215	62	47	results	result	NOUN
fbem-13215	62	48	show	show	VERB
fbem-13215	62	49	that	that	SCONJ
fbem-13215	62	50	the	the	DET
fbem-13215	62	51	high	high	ADJ
fbem-13215	62	52	degree	degree	NOUN
fbem-13215	62	53	of	of	ADP
fbem-13215	62	54	financing	financing	NOUN
fbem-13215	62	55	constraint	constraint	NOUN
fbem-13215	62	56	after	after	ADP
fbem-13215	62	57	investment	investment	NOUN
fbem-13215	62	58	in	in	ADP
fbem-13215	62	59	technology	technology	NOUN
fbem-13215	62	60	r	r	NOUN
fbem-13215	62	61	&	&	CCONJ
fbem-13215	62	62	d	d	PROPN
fbem-13215	62	63	will	will	AUX
fbem-13215	62	64	increase	increase	VERB
fbem-13215	62	65	,	,	PUNCT
fbem-13215	62	66	because	because	SCONJ
fbem-13215	62	67	they	they	PRON
fbem-13215	62	68	tend	tend	VERB
fbem-13215	62	69	to	to	PART
fbem-13215	62	70	use	use	VERB
fbem-13215	62	71	non	non	ADJ
fbem-13215	62	72	-	-	ADJ
fbem-13215	62	73	cash	cash	ADJ
fbem-13215	62	74	payment	payment	NOUN
fbem-13215	62	75	.	.	PUNCT
fbem-13215	63	1	lou	lou	PROPN
fbem-13215	63	2	changlong	changlong	PROPN
fbem-13215	64	1	and	and	CCONJ
fbem-13215	64	2	ran	run	VERB
fbem-13215	64	3	maosheng	maosheng	PROPN
fbem-13215	64	4	studied	study	VERB
fbem-13215	64	5	the	the	DET
fbem-13215	64	6	impact	impact	NOUN
fbem-13215	64	7	of	of	ADP
fbem-13215	64	8	financing	financing	NOUN
fbem-13215	64	9	constraints	constraint	NOUN
fbem-13215	64	10	on	on	ADP
fbem-13215	64	11	technological	technological	ADJ
fbem-13215	64	12	innovation	innovation	NOUN
fbem-13215	64	13	with	with	ADP
fbem-13215	64	14	the	the	DET
fbem-13215	64	15	sample	sample	NOUN
fbem-13215	64	16	of	of	ADP
fbem-13215	64	17	listed	list	VERB
fbem-13215	64	18	companies	company	NOUN
fbem-13215	64	19	in	in	ADP
fbem-13215	64	20	the	the	DET
fbem-13215	64	21	heavy	heavy	ADJ
fbem-13215	64	22	pollution	pollution	NOUN
fbem-13215	64	23	industry	industry	NOUN
fbem-13215	64	24	.	.	PUNCT
fbem-13215	65	1	the	the	DET
fbem-13215	65	2	results	result	NOUN
fbem-13215	65	3	show	show	VERB
fbem-13215	65	4	that	that	SCONJ
fbem-13215	65	5	lower	low	ADJ
fbem-13215	65	6	financing	financing	NOUN
fbem-13215	65	7	constraints	constraint	NOUN
fbem-13215	65	8	can	can	AUX
fbem-13215	65	9	promote	promote	VERB
fbem-13215	65	10	the	the	DET
fbem-13215	65	11	technological	technological	ADJ
fbem-13215	65	12	innovation	innovation	NOUN
fbem-13215	65	13	of	of	ADP
fbem-13215	65	14	enterprises	enterprise	NOUN
fbem-13215	65	15	,	,	PUNCT
fbem-13215	65	16	and	and	CCONJ
fbem-13215	65	17	compared	compare	VERB
fbem-13215	65	18	with	with	ADP
fbem-13215	65	19	external	external	ADJ
fbem-13215	65	20	financing	financing	NOUN
fbem-13215	65	21	,	,	PUNCT
fbem-13215	65	22	internal	internal	ADJ
fbem-13215	65	23	financing	financing	NOUN
fbem-13215	65	24	has	have	VERB
fbem-13215	65	25	a	a	DET
fbem-13215	65	26	more	more	ADV
fbem-13215	65	27	obvious	obvious	ADJ
fbem-13215	65	28	promoting	promote	VERB
fbem-13215	65	29	effect	effect	NOUN
fbem-13215	65	30	.	.	PUNCT
fbem-13215	66	1	miao	miao	NOUN
fbem-13215	66	2	miao	miao	PROPN
fbem-13215	66	3	and	and	CCONJ
fbem-13215	66	4	other	other	ADJ
fbem-13215	66	5	studies	study	NOUN
fbem-13215	66	6	found	find	VERB
fbem-13215	66	7	that	that	SCONJ
fbem-13215	66	8	financing	financing	NOUN
fbem-13215	66	9	constraints	constraint	NOUN
fbem-13215	66	10	play	play	VERB
fbem-13215	66	11	a	a	DET
fbem-13215	66	12	significant	significant	ADJ
fbem-13215	66	13	intermediary	intermediary	ADJ
fbem-13215	66	14	role	role	NOUN
fbem-13215	66	15	in	in	ADP
fbem-13215	66	16	the	the	DET
fbem-13215	66	17	relationship	relationship	NOUN
fbem-13215	66	18	between	between	ADP
fbem-13215	66	19	environmental	environmental	ADJ
fbem-13215	66	20	regulation	regulation	NOUN
fbem-13215	66	21	and	and	CCONJ
fbem-13215	66	22	enterprise	enterprise	NOUN
fbem-13215	66	23	technological	technological	ADJ
fbem-13215	66	24	innovation	innovation	NOUN
fbem-13215	66	25	,	,	PUNCT
fbem-13215	66	26	that	that	ADV
fbem-13215	66	27	is	is	ADV
fbem-13215	66	28	,	,	PUNCT
fbem-13215	66	29	the	the	DET
fbem-13215	66	30	government	government	NOUN
fbem-13215	66	31	's	's	PART
fbem-13215	66	32	strengthening	strengthening	NOUN
fbem-13215	66	33	of	of	ADP
fbem-13215	66	34	environmental	environmental	ADJ
fbem-13215	66	35	regulation	regulation	NOUN
fbem-13215	66	36	can	can	AUX
fbem-13215	66	37	effectively	effectively	ADV
fbem-13215	66	38	alleviate	alleviate	VERB
fbem-13215	66	39	the	the	DET
fbem-13215	66	40	external	external	ADJ
fbem-13215	66	41	financing	financing	NOUN
fbem-13215	66	42	constraints	constraint	NOUN
fbem-13215	66	43	faced	face	VERB
fbem-13215	66	44	by	by	ADP
fbem-13215	66	45	enterprises	enterprise	NOUN
fbem-13215	66	46	,	,	PUNCT
fbem-13215	66	47	so	so	SCONJ
fbem-13215	66	48	as	as	SCONJ
fbem-13215	66	49	to	to	PART
fbem-13215	66	50	help	help	VERB
fbem-13215	66	51	enterprises	enterprise	NOUN
fbem-13215	66	52	to	to	PART
fbem-13215	66	53	further	far	ADV
fbem-13215	66	54	improve	improve	VERB
fbem-13215	66	55	their	their	PRON
fbem-13215	66	56	technological	technological	ADJ
fbem-13215	66	57	innovation	innovation	NOUN
fbem-13215	66	58	ability	ability	NOUN
fbem-13215	66	59	.	.	PUNCT
fbem-13215	67	1	according	accord	VERB
fbem-13215	67	2	to	to	ADP
fbem-13215	67	3	the	the	DET
fbem-13215	67	4	optimal	optimal	ADJ
fbem-13215	67	5	order	order	NOUN
fbem-13215	67	6	financing	financing	NOUN
fbem-13215	67	7	theory	theory	NOUN
fbem-13215	67	8	,	,	PUNCT
fbem-13215	67	9	the	the	DET
fbem-13215	67	10	internal	internal	ADJ
fbem-13215	67	11	retained	retain	VERB
fbem-13215	67	12	profit	profit	NOUN
fbem-13215	67	13	of	of	ADP
fbem-13215	67	14	an	an	DET
fbem-13215	67	15	enterprise	enterprise	NOUN
fbem-13215	67	16	is	be	AUX
fbem-13215	67	17	the	the	DET
fbem-13215	67	18	main	main	ADJ
fbem-13215	67	19	source	source	NOUN
fbem-13215	67	20	of	of	ADP
fbem-13215	67	21	financing	financing	NOUN
fbem-13215	67	22	for	for	ADP
fbem-13215	67	23	the	the	DET
fbem-13215	67	24	enterprise	enterprise	NOUN
fbem-13215	67	25	.	.	PUNCT
fbem-13215	68	1	however	however	ADV
fbem-13215	68	2	,	,	PUNCT
fbem-13215	68	3	when	when	SCONJ
fbem-13215	68	4	the	the	DET
fbem-13215	68	5	internal	internal	ADJ
fbem-13215	68	6	capital	capital	NOUN
fbem-13215	68	7	of	of	ADP
fbem-13215	68	8	an	an	DET
fbem-13215	68	9	enterprise	enterprise	NOUN
fbem-13215	68	10	can	can	AUX
fbem-13215	68	11	not	not	PART
fbem-13215	68	12	meet	meet	VERB
fbem-13215	68	13	the	the	DET
fbem-13215	68	14	financing	financing	NOUN
fbem-13215	68	15	needs	need	NOUN
fbem-13215	68	16	,	,	PUNCT
fbem-13215	68	17	the	the	DET
fbem-13215	68	18	external	external	ADJ
fbem-13215	68	19	financing	financing	NOUN
fbem-13215	68	20	should	should	AUX
fbem-13215	68	21	be	be	AUX
fbem-13215	68	22	used	use	VERB
fbem-13215	68	23	.	.	PUNCT
fbem-13215	69	1	enterprise	enterprise	NOUN
fbem-13215	69	2	r	r	NOUN
fbem-13215	69	3	&	&	CCONJ
fbem-13215	69	4	d	d	NOUN
fbem-13215	69	5	activities	activity	NOUN
fbem-13215	69	6	have	have	VERB
fbem-13215	69	7	the	the	DET
fbem-13215	69	8	disadvantages	disadvantage	NOUN
fbem-13215	69	9	of	of	ADP
fbem-13215	69	10	high	high	ADJ
fbem-13215	69	11	risk	risk	NOUN
fbem-13215	69	12	,	,	PUNCT
fbem-13215	69	13	long	long	ADJ
fbem-13215	69	14	cycle	cycle	NOUN
fbem-13215	69	15	,	,	PUNCT
fbem-13215	69	16	much	much	ADJ
fbem-13215	69	17	capital	capital	NOUN
fbem-13215	69	18	consumption	consumption	NOUN
fbem-13215	69	19	and	and	CCONJ
fbem-13215	69	20	information	information	NOUN
fbem-13215	69	21	asymmetry	asymmetry	NOUN
fbem-13215	69	22	,	,	PUNCT
fbem-13215	69	23	which	which	PRON
fbem-13215	69	24	makes	make	VERB
fbem-13215	69	25	enterprise	enterprise	NOUN
fbem-13215	69	26	r	r	NOUN
fbem-13215	69	27	&	&	CCONJ
fbem-13215	69	28	d	d	NOUN
fbem-13215	69	29	activities	activity	NOUN
fbem-13215	69	30	more	more	ADV
fbem-13215	69	31	likely	likely	ADJ
fbem-13215	69	32	to	to	PART
fbem-13215	69	33	fall	fall	VERB
fbem-13215	69	34	into	into	ADP
fbem-13215	69	35	financing	financing	NOUN
fbem-13215	69	36	difficulties	difficulty	NOUN
fbem-13215	69	37	compared	compare	VERB
fbem-13215	69	38	with	with	ADP
fbem-13215	69	39	other	other	ADJ
fbem-13215	69	40	activities	activity	NOUN
fbem-13215	69	41	.	.	PUNCT
fbem-13215	70	1	the	the	DET
fbem-13215	70	2	ecological	ecological	ADJ
fbem-13215	70	3	development	development	NOUN
fbem-13215	70	4	of	of	ADP
fbem-13215	70	5	traditional	traditional	ADJ
fbem-13215	70	6	industries	industry	NOUN
fbem-13215	70	7	and	and	CCONJ
fbem-13215	70	8	the	the	DET
fbem-13215	70	9	development	development	NOUN
fbem-13215	70	10	of	of	ADP
fbem-13215	70	11	new	new	ADJ
fbem-13215	70	12	green	green	ADJ
fbem-13215	70	13	ecological	ecological	ADJ
fbem-13215	70	14	industries	industry	NOUN
fbem-13215	70	15	are	be	AUX
fbem-13215	70	16	inseparable	inseparable	ADJ
fbem-13215	70	17	from	from	ADP
fbem-13215	70	18	financial	financial	ADJ
fbem-13215	70	19	support	support	NOUN
fbem-13215	70	20	.	.	PUNCT
fbem-13215	71	1	under	under	ADP
fbem-13215	71	2	the	the	DET
fbem-13215	71	3	premise	premise	NOUN
fbem-13215	71	4	of	of	ADP
fbem-13215	71	5	environmental	environmental	ADJ
fbem-13215	71	6	regulation	regulation	NOUN
fbem-13215	71	7	,	,	PUNCT
fbem-13215	71	8	the	the	DET
fbem-13215	71	9	degree	degree	NOUN
fbem-13215	71	10	of	of	ADP
fbem-13215	71	11	enterprise	enterprise	NOUN
fbem-13215	71	12	financing	financing	NOUN
fbem-13215	71	13	constraint	constraint	NOUN
fbem-13215	71	14	may	may	AUX
fbem-13215	71	15	be	be	AUX
fbem-13215	71	16	further	far	ADV
fbem-13215	71	17	improved	improve	VERB
fbem-13215	71	18	.	.	PUNCT
fbem-13215	72	1	enterprise	enterprise	NOUN
fbem-13215	72	2	innovation	innovation	NOUN
fbem-13215	72	3	process	process	NOUN
fbem-13215	72	4	from	from	ADP
fbem-13215	72	5	the	the	DET
fbem-13215	72	6	initial	initial	ADJ
fbem-13215	72	7	formation	formation	NOUN
fbem-13215	72	8	to	to	ADP
fbem-13215	72	9	the	the	DET
fbem-13215	72	10	final	final	ADJ
fbem-13215	72	11	commercialization	commercialization	NOUN
fbem-13215	72	12	after	after	ADP
fbem-13215	72	13	a	a	DET
fbem-13215	72	14	certain	certain	ADJ
fbem-13215	72	15	cycle	cycle	NOUN
fbem-13215	72	16	,	,	PUNCT
fbem-13215	72	17	and	and	CCONJ
fbem-13215	72	18	it	it	PRON
fbem-13215	72	19	is	be	AUX
fbem-13215	72	20	difficult	difficult	ADJ
fbem-13215	72	21	to	to	PART
fbem-13215	72	22	grasp	grasp	VERB
fbem-13215	72	23	the	the	DET
fbem-13215	72	24	final	final	ADJ
fbem-13215	72	25	benefit	benefit	NOUN
fbem-13215	72	26	,	,	PUNCT
fbem-13215	72	27	thus	thus	ADV
fbem-13215	72	28	enterprise	enterprise	NOUN
fbem-13215	72	29	r	r	NOUN
fbem-13215	72	30	&	&	CCONJ
fbem-13215	72	31	d	d	PROPN
fbem-13215	72	32	has	have	VERB
fbem-13215	72	33	a	a	DET
fbem-13215	72	34	higher	high	ADJ
fbem-13215	72	35	adjustment	adjustment	NOUN
fbem-13215	72	36	cost	cost	NOUN
fbem-13215	72	37	,	,	PUNCT
fbem-13215	72	38	lead	lead	VERB
fbem-13215	72	39	to	to	ADP
fbem-13215	72	40	most	most	ADJ
fbem-13215	72	41	green	green	ADJ
fbem-13215	72	42	innovation	innovation	NOUN
fbem-13215	72	43	project	project	NOUN
fbem-13215	72	44	to	to	PART
fbem-13215	72	45	reach	reach	VERB
fbem-13215	72	46	the	the	DET
fbem-13215	72	47	average	average	ADJ
fbem-13215	72	48	profit	profit	NOUN
fbem-13215	72	49	level	level	NOUN
fbem-13215	72	50	of	of	ADP
fbem-13215	72	51	commercial	commercial	ADJ
fbem-13215	72	52	banks	bank	NOUN
fbem-13215	73	1	,	,	PUNCT
fbem-13215	73	2	commercial	commercial	ADJ
fbem-13215	73	3	banks	bank	NOUN
fbem-13215	73	4	did	do	AUX
fbem-13215	73	5	not	not	PART
fbem-13215	73	6	enjoy	enjoy	VERB
fbem-13215	73	7	other	other	ADJ
fbem-13215	73	8	additional	additional	ADJ
fbem-13215	73	9	business	business	NOUN
fbem-13215	73	10	interests	interest	NOUN
fbem-13215	73	11	in	in	ADP
fbem-13215	73	12	the	the	DET
fbem-13215	73	13	field	field	NOUN
fbem-13215	73	14	of	of	ADP
fbem-13215	73	15	green	green	NOUN
fbem-13215	73	16	,	,	PUNCT
fbem-13215	73	17	so	so	CCONJ
fbem-13215	73	18	the	the	DET
fbem-13215	73	19	green	green	ADJ
fbem-13215	73	20	project	project	NOUN
fbem-13215	73	21	faces	face	VERB
fbem-13215	73	22	more	more	ADV
fbem-13215	73	23	serious	serious	ADJ
fbem-13215	73	24	problem	problem	NOUN
fbem-13215	73	25	of	of	ADP
fbem-13215	73	26	credit	credit	NOUN
fbem-13215	73	27	discrimination	discrimination	NOUN
fbem-13215	73	28	.	.	PUNCT
fbem-13215	74	1	banks	bank	NOUN
fbem-13215	74	2	'	'	PART
fbem-13215	74	3	refusal	refusal	NOUN
fbem-13215	74	4	of	of	ADP
fbem-13215	74	5	enterprise	enterprise	NOUN
fbem-13215	74	6	green	green	ADJ
fbem-13215	74	7	investment	investment	NOUN
fbem-13215	74	8	projects	project	NOUN
fbem-13215	74	9	seriously	seriously	ADV
fbem-13215	74	10	restricts	restrict	VERB
fbem-13215	74	11	the	the	DET
fbem-13215	74	12	allocation	allocation	NOUN
fbem-13215	74	13	and	and	CCONJ
fbem-13215	74	14	conversion	conversion	NOUN
fbem-13215	74	15	efficiency	efficiency	NOUN
fbem-13215	74	16	of	of	ADP
fbem-13215	74	17	enterprise	enterprise	NOUN
fbem-13215	74	18	funds	fund	NOUN
fbem-13215	74	19	.	.	PUNCT
fbem-13215	75	1	as	as	ADP
fbem-13215	75	2	a	a	DET
fbem-13215	75	3	result	result	NOUN
fbem-13215	75	4	,	,	PUNCT
fbem-13215	75	5	some	some	DET
fbem-13215	75	6	enterprises	enterprise	NOUN
fbem-13215	75	7	are	be	AUX
fbem-13215	75	8	unable	unable	ADJ
fbem-13215	75	9	to	to	PART
fbem-13215	75	10	cope	cope	VERB
fbem-13215	75	11	with	with	ADP
fbem-13215	75	12	the	the	DET
fbem-13215	75	13	cost	cost	NOUN
fbem-13215	75	14	impact	impact	NOUN
fbem-13215	75	15	caused	cause	VERB
fbem-13215	75	16	by	by	ADP
fbem-13215	75	17	environmental	environmental	ADJ
fbem-13215	75	18	policy	policy	NOUN
fbem-13215	75	19	tightening	tightening	NOUN
fbem-13215	75	20	due	due	ADP
fbem-13215	75	21	to	to	ADP
fbem-13215	75	22	lack	lack	NOUN
fbem-13215	75	23	of	of	ADP
fbem-13215	75	24	funds	fund	NOUN
fbem-13215	75	25	,	,	PUNCT
fbem-13215	75	26	and	and	CCONJ
fbem-13215	75	27	their	their	PRON
fbem-13215	75	28	technological	technological	ADJ
fbem-13215	75	29	innovation	innovation	NOUN
fbem-13215	75	30	ability	ability	NOUN
fbem-13215	75	31	is	be	AUX
fbem-13215	75	32	further	far	ADV
fbem-13215	75	33	suppressed	suppress	VERB
fbem-13215	75	34	.	.	PUNCT
fbem-13215	76	1	however	however	ADV
fbem-13215	76	2	,	,	PUNCT
fbem-13215	76	3	moderate	moderate	ADJ
fbem-13215	76	4	financing	financing	NOUN
fbem-13215	76	5	constraints	constraint	NOUN
fbem-13215	76	6	may	may	AUX
fbem-13215	76	7	have	have	VERB
fbem-13215	76	8	synergistic	synergistic	ADJ
fbem-13215	76	9	effects	effect	NOUN
fbem-13215	76	10	with	with	ADP
fbem-13215	76	11	the	the	DET
fbem-13215	76	12	environmental	environmental	ADJ
fbem-13215	76	13	regulation	regulation	NOUN
fbem-13215	76	14	of	of	ADP
fbem-13215	76	15	enterprises	enterprise	NOUN
fbem-13215	76	16	,	,	PUNCT
fbem-13215	76	17	and	and	CCONJ
fbem-13215	76	18	jointly	jointly	ADV
fbem-13215	76	19	promote	promote	VERB
fbem-13215	76	20	the	the	DET
fbem-13215	76	21	technological	technological	ADJ
fbem-13215	76	22	innovation	innovation	NOUN
fbem-13215	76	23	of	of	ADP
fbem-13215	76	24	enterprises	enterprise	NOUN
fbem-13215	76	25	,	,	PUNCT
fbem-13215	76	26	and	and	CCONJ
fbem-13215	76	27	technological	technological	ADJ
fbem-13215	76	28	innovation	innovation	NOUN
fbem-13215	76	29	can	can	AUX
fbem-13215	76	30	further	far	ADV
fbem-13215	76	31	enhance	enhance	VERB
fbem-13215	76	32	the	the	DET
fbem-13215	76	33	ability	ability	NOUN
fbem-13215	76	34	of	of	ADP
fbem-13215	76	35	enterprises	enterprise	NOUN
fbem-13215	76	36	to	to	PART
fbem-13215	76	37	absorb	absorb	VERB
fbem-13215	76	38	new	new	ADJ
fbem-13215	76	39	capital	capital	NOUN
fbem-13215	76	40	,	,	PUNCT
fbem-13215	76	41	thus	thus	ADV
fbem-13215	76	42	entering	enter	VERB
fbem-13215	76	43	a	a	DET
fbem-13215	76	44	virtuous	virtuous	ADJ
fbem-13215	76	45	cycle	cycle	NOUN
fbem-13215	76	46	.	.	PUNCT
fbem-13215	77	1	on	on	ADP
fbem-13215	77	2	the	the	DET
fbem-13215	77	3	one	one	NUM
fbem-13215	77	4	hand	hand	NOUN
fbem-13215	77	5	,	,	PUNCT
fbem-13215	77	6	the	the	DET
fbem-13215	77	7	root	root	NOUN
fbem-13215	77	8	cause	cause	NOUN
fbem-13215	77	9	of	of	ADP
fbem-13215	77	10	financing	financing	NOUN
fbem-13215	77	11	constraints	constraint	NOUN
fbem-13215	77	12	is	be	AUX
fbem-13215	77	13	information	information	NOUN
fbem-13215	77	14	asymmetry	asymmetry	NOUN
fbem-13215	77	15	,	,	PUNCT
fbem-13215	77	16	and	and	CCONJ
fbem-13215	77	17	the	the	DET
fbem-13215	77	18	environmental	environmental	ADJ
fbem-13215	77	19	information	information	NOUN
fbem-13215	77	20	disclosure	disclosure	NOUN
fbem-13215	77	21	of	of	ADP
fbem-13215	77	22	enterprises	enterprise	NOUN
fbem-13215	77	23	will	will	AUX
fbem-13215	77	24	become	become	VERB
fbem-13215	77	25	more	more	ADV
fbem-13215	77	26	comprehensive	comprehensive	ADJ
fbem-13215	77	27	and	and	CCONJ
fbem-13215	77	28	transparent	transparent	ADJ
fbem-13215	77	29	with	with	ADP
fbem-13215	77	30	the	the	DET
fbem-13215	77	31	strengthening	strengthening	NOUN
fbem-13215	77	32	of	of	ADP
fbem-13215	77	33	the	the	DET
fbem-13215	77	34	government	government	NOUN
fbem-13215	77	35	's	's	PART
fbem-13215	77	36	environmental	environmental	ADJ
fbem-13215	77	37	regulation	regulation	NOUN
fbem-13215	77	38	.	.	PUNCT
fbem-13215	78	1	in	in	ADP
fbem-13215	78	2	2017	2017	NUM
fbem-13215	78	3	,	,	PUNCT
fbem-13215	78	4	a	a	DET
fbem-13215	78	5	total	total	NOUN
fbem-13215	78	6	of	of	ADP
fbem-13215	78	7	857	857	NUM
fbem-13215	78	8	companies	company	NOUN
fbem-13215	78	9	disclosed	disclose	VERB
fbem-13215	78	10	environmental	environmental	ADJ
fbem-13215	78	11	information	information	NOUN
fbem-13215	78	12	in	in	ADP
fbem-13215	78	13	shanghai	shanghai	PROPN
fbem-13215	78	14	and	and	CCONJ
fbem-13215	78	15	shenzhen	shenzhen	PROPN
fbem-13215	78	16	,	,	PUNCT
fbem-13215	78	17	an	an	DET
fbem-13215	78	18	increase	increase	NOUN
fbem-13215	78	19	of	of	ADP
fbem-13215	78	20	47	47	NUM
fbem-13215	78	21	compared	compare	VERB
fbem-13215	78	22	with	with	ADP
fbem-13215	78	23	2016	2016	NUM
fbem-13215	78	24	,	,	PUNCT
fbem-13215	78	25	accounting	account	VERB
fbem-13215	78	26	for	for	ADP
fbem-13215	78	27	24.59	24.59	NUM
fbem-13215	78	28	%	%	NOUN
fbem-13215	78	29	of	of	ADP
fbem-13215	78	30	the	the	DET
fbem-13215	78	31	number	number	NOUN
fbem-13215	78	32	of	of	ADP
fbem-13215	78	33	listed	list	VERB
fbem-13215	78	34	companies	company	NOUN
fbem-13215	78	35	.	.	PUNCT
fbem-13215	79	1	environmental	environmental	ADJ
fbem-13215	79	2	information	information	NOUN
fbem-13215	79	3	disclosure	disclosure	NOUN
fbem-13215	79	4	will	will	AUX
fbem-13215	79	5	guide	guide	VERB
fbem-13215	79	6	investors	investor	NOUN
fbem-13215	79	7	to	to	PART
fbem-13215	79	8	pay	pay	VERB
fbem-13215	79	9	attention	attention	NOUN
fbem-13215	79	10	to	to	ADP
fbem-13215	79	11	the	the	DET
fbem-13215	79	12	application	application	NOUN
fbem-13215	79	13	of	of	ADP
fbem-13215	79	14	technologies	technology	NOUN
fbem-13215	79	15	in	in	ADP
fbem-13215	79	16	energy	energy	NOUN
fbem-13215	79	17	conservation	conservation	NOUN
fbem-13215	79	18	and	and	CCONJ
fbem-13215	79	19	emission	emission	NOUN
fbem-13215	79	20	reduction	reduction	NOUN
fbem-13215	79	21	,	,	PUNCT
fbem-13215	79	22	environmental	environmental	ADJ
fbem-13215	79	23	pollution	pollution	NOUN
fbem-13215	79	24	,	,	PUNCT
fbem-13215	79	25	clean	clean	ADJ
fbem-13215	79	26	energy	energy	NOUN
fbem-13215	79	27	,	,	PUNCT
fbem-13215	79	28	environmental	environmental	ADJ
fbem-13215	79	29	protection	protection	NOUN
fbem-13215	79	30	products	product	NOUN
fbem-13215	79	31	and	and	CCONJ
fbem-13215	79	32	other	other	ADJ
fbem-13215	79	33	aspects	aspect	NOUN
fbem-13215	79	34	,	,	PUNCT
fbem-13215	79	35	and	and	CCONJ
fbem-13215	79	36	be	be	AUX
fbem-13215	79	37	more	more	ADV
fbem-13215	79	38	able	able	ADJ
fbem-13215	79	39	to	to	PART
fbem-13215	79	40	obtain	obtain	VERB
fbem-13215	79	41	financing	financing	NOUN
fbem-13215	79	42	support	support	NOUN
fbem-13215	79	43	from	from	ADP
fbem-13215	79	44	legal	legal	ADJ
fbem-13215	79	45	financial	financial	ADJ
fbem-13215	79	46	institutions	institution	NOUN
fbem-13215	79	47	to	to	PART
fbem-13215	79	48	be	be	AUX
fbem-13215	79	49	used	use	VERB
fbem-13215	79	50	in	in	ADP
fbem-13215	79	51	research	research	NOUN
fbem-13215	79	52	and	and	CCONJ
fbem-13215	79	53	development	development	NOUN
fbem-13215	79	54	activities	activity	NOUN
fbem-13215	79	55	.	.	PUNCT
fbem-13215	80	1	on	on	ADP
fbem-13215	80	2	the	the	DET
fbem-13215	80	3	other	other	ADJ
fbem-13215	80	4	hand	hand	NOUN
fbem-13215	80	5	,	,	PUNCT
fbem-13215	80	6	higher	high	ADJ
fbem-13215	80	7	environmental	environmental	ADJ
fbem-13215	80	8	regulation	regulation	NOUN
fbem-13215	80	9	and	and	CCONJ
fbem-13215	80	10	better	well	ADJ
fbem-13215	80	11	implementation	implementation	NOUN
fbem-13215	80	12	effect	effect	NOUN
fbem-13215	80	13	,	,	PUNCT
fbem-13215	80	14	which	which	PRON
fbem-13215	80	15	usually	usually	ADV
fbem-13215	80	16	reflects	reflect	VERB
fbem-13215	80	17	that	that	SCONJ
fbem-13215	80	18	the	the	DET
fbem-13215	80	19	region	region	NOUN
fbem-13215	80	20	has	have	VERB
fbem-13215	80	21	a	a	DET
fbem-13215	80	22	more	more	ADV
fbem-13215	80	23	perfect	perfect	ADJ
fbem-13215	80	24	institutional	institutional	ADJ
fbem-13215	80	25	environment	environment	NOUN
fbem-13215	80	26	,	,	PUNCT
fbem-13215	80	27	that	that	ADV
fbem-13215	80	28	is	is	ADV
fbem-13215	80	29	,	,	PUNCT
fbem-13215	80	30	a	a	DET
fbem-13215	80	31	higher	high	ADJ
fbem-13215	80	32	level	level	NOUN
fbem-13215	80	33	of	of	ADP
fbem-13215	80	34	marketization	marketization	NOUN
fbem-13215	80	35	,	,	PUNCT
fbem-13215	80	36	which	which	PRON
fbem-13215	80	37	is	be	AUX
fbem-13215	80	38	conducive	conducive	ADJ
fbem-13215	80	39	to	to	ADP
fbem-13215	80	40	improving	improve	VERB
fbem-13215	80	41	the	the	DET
fbem-13215	80	42	financial	financial	ADJ
fbem-13215	80	43	system	system	NOUN
fbem-13215	80	44	and	and	CCONJ
fbem-13215	80	45	promoting	promote	VERB
fbem-13215	80	46	the	the	DET
fbem-13215	80	47	development	development	NOUN
fbem-13215	80	48	of	of	ADP
fbem-13215	80	49	the	the	DET
fbem-13215	80	50	financial	financial	ADJ
fbem-13215	80	51	market	market	NOUN
fbem-13215	80	52	.	.	PUNCT
fbem-13215	81	1	existing	exist	VERB
fbem-13215	81	2	literature	literature	NOUN
fbem-13215	81	3	has	have	AUX
fbem-13215	81	4	shown	show	VERB
fbem-13215	81	5	that	that	SCONJ
fbem-13215	81	6	more	more	ADV
fbem-13215	81	7	developed	developed	ADJ
fbem-13215	81	8	financial	financial	ADJ
fbem-13215	81	9	markets	market	NOUN
fbem-13215	81	10	,	,	PUNCT
fbem-13215	81	11	more	more	ADV
fbem-13215	81	12	complete	complete	ADJ
fbem-13215	81	13	systems	system	NOUN
fbem-13215	81	14	and	and	CCONJ
fbem-13215	81	15	better	well	ADJ
fbem-13215	81	16	environment	environment	NOUN
fbem-13215	81	17	are	be	AUX
fbem-13215	81	18	often	often	ADV
fbem-13215	81	19	more	more	ADV
fbem-13215	81	20	able	able	ADJ
fbem-13215	81	21	to	to	PART
fbem-13215	81	22	reduce	reduce	VERB
fbem-13215	81	23	the	the	DET
fbem-13215	81	24	external	external	ADJ
fbem-13215	81	25	financing	financing	NOUN
fbem-13215	81	26	costs	cost	NOUN
fbem-13215	81	27	of	of	ADP
fbem-13215	81	28	companies	company	NOUN
fbem-13215	81	29	,	,	PUNCT
fbem-13215	81	30	so	so	SCONJ
fbem-13215	81	31	as	as	SCONJ
fbem-13215	81	32	to	to	PART
fbem-13215	81	33	improve	improve	VERB
fbem-13215	81	34	the	the	DET
fbem-13215	81	35	financing	financing	NOUN
fbem-13215	81	36	constraints	constraint	NOUN
fbem-13215	81	37	they	they	PRON
fbem-13215	81	38	face	face	VERB
fbem-13215	81	39	.	.	PUNCT
fbem-13215	82	1	in	in	ADP
fbem-13215	82	2	conclusion	conclusion	NOUN
fbem-13215	82	3	,	,	PUNCT
fbem-13215	82	4	the	the	DET
fbem-13215	82	5	following	follow	VERB
fbem-13215	82	6	assumptions	assumption	NOUN
fbem-13215	82	7	are	be	AUX
fbem-13215	82	8	proposed	propose	VERB
fbem-13215	82	9	:	:	PUNCT
fbem-13215	82	10	196	196	NUM
fbem-13215	82	11	𝐻2	𝐻2	NOUN
fbem-13215	82	12	:	:	PUNCT
fbem-13215	82	13	financing	financing	NOUN
fbem-13215	82	14	constraint	constraint	NOUN
fbem-13215	82	15	plays	play	VERB
fbem-13215	82	16	an	an	DET
fbem-13215	82	17	intermediary	intermediary	ADJ
fbem-13215	82	18	role	role	NOUN
fbem-13215	82	19	in	in	ADP
fbem-13215	82	20	the	the	DET
fbem-13215	82	21	influence	influence	NOUN
fbem-13215	82	22	of	of	ADP
fbem-13215	82	23	environmental	environmental	ADJ
fbem-13215	82	24	regulation	regulation	NOUN
fbem-13215	82	25	on	on	ADP
fbem-13215	82	26	enterprise	enterprise	NOUN
fbem-13215	82	27	innovation	innovation	NOUN
fbem-13215	82	28	.	.	PUNCT
fbem-13215	83	1	the	the	DET
fbem-13215	83	2	intermediary	intermediary	ADJ
fbem-13215	83	3	effect	effect	NOUN
fbem-13215	83	4	model	model	NOUN
fbem-13215	83	5	of	of	ADP
fbem-13215	83	6	"	"	PUNCT
fbem-13215	83	7	environmental	environmental	ADJ
fbem-13215	83	8	regulation	regulation	NOUN
fbem-13215	83	9	-	-	PUNCT
fbem-13215	83	10	financing	finance	VERB
fbem-13215	83	11	constraint	constraint	NOUN
fbem-13215	83	12	-	-	PUNCT
fbem-13215	83	13	enterprise	enterprise	NOUN
fbem-13215	83	14	innovation	innovation	NOUN
fbem-13215	83	15	"	"	PUNCT
fbem-13215	83	16	constructed	construct	VERB
fbem-13215	83	17	in	in	ADP
fbem-13215	83	18	this	this	DET
fbem-13215	83	19	paper	paper	NOUN
fbem-13215	83	20	is	be	AUX
fbem-13215	83	21	shown	show	VERB
fbem-13215	83	22	in	in	ADP
fbem-13215	83	23	figure	figure	NOUN
fbem-13215	83	24	1	1	NUM
fbem-13215	83	25	.	.	PUNCT
fbem-13215	83	26	figure	figure	NOUN
fbem-13215	83	27	1	1	NUM
fbem-13215	83	28	.	.	PUNCT
fbem-13215	84	1	the	the	DET
fbem-13215	84	2	mediation	mediation	NOUN
fbem-13215	84	3	effect	effect	NOUN
fbem-13215	84	4	model	model	NOUN
fbem-13215	84	5	of	of	ADP
fbem-13215	84	6	"	"	PUNCT
fbem-13215	84	7	environmental	environmental	ADJ
fbem-13215	84	8	regulation	regulation	NOUN
fbem-13215	84	9	-	-	PUNCT
fbem-13215	84	10	financing	finance	VERB
fbem-13215	84	11	constraint	constraint	NOUN
fbem-13215	84	12	-	-	PUNCT
fbem-13215	84	13	enterprise	enterprise	NOUN
fbem-13215	84	14	innovation	innovation	NOUN
fbem-13215	84	15	"	"	PUNCT
fbem-13215	84	16	3	3	NUM
fbem-13215	84	17	.	.	PUNCT
fbem-13215	84	18	research	research	NOUN
fbem-13215	84	19	design	design	PROPN
fbem-13215	84	20	3.1	3.1	NUM
fbem-13215	84	21	.	.	PUNCT
fbem-13215	84	22	sample	sample	NOUN
fbem-13215	84	23	selection	selection	NOUN
fbem-13215	84	24	and	and	CCONJ
fbem-13215	84	25	data	datum	NOUN
fbem-13215	84	26	source	source	NOUN
fbem-13215	84	27	this	this	DET
fbem-13215	84	28	paper	paper	NOUN
fbem-13215	84	29	samples	sample	NOUN
fbem-13215	84	30	and	and	CCONJ
fbem-13215	84	31	screens	screen	VERB
fbem-13215	84	32	the	the	DET
fbem-13215	84	33	a	a	DET
fbem-13215	84	34	-	-	PUNCT
fbem-13215	84	35	share	share	NOUN
fbem-13215	84	36	listed	list	VERB
fbem-13215	84	37	companies	company	NOUN
fbem-13215	84	38	of	of	ADP
fbem-13215	84	39	the	the	DET
fbem-13215	84	40	shanghai	shanghai	PROPN
fbem-13215	84	41	stock	stock	PROPN
fbem-13215	84	42	exchange	exchange	PROPN
fbem-13215	84	43	and	and	CCONJ
fbem-13215	84	44	shenzhen	shenzhen	PROPN
fbem-13215	84	45	stock	stock	PROPN
fbem-13215	84	46	exchange	exchange	PROPN
fbem-13215	84	47	in	in	ADP
fbem-13215	84	48	heavy	heavy	ADJ
fbem-13215	84	49	pollution	pollution	NOUN
fbem-13215	84	50	industries	industry	NOUN
fbem-13215	84	51	from	from	ADP
fbem-13215	84	52	2014	2014	NUM
fbem-13215	84	53	to	to	ADP
fbem-13215	84	54	2018	2018	NUM
fbem-13215	84	55	.	.	PUNCT
fbem-13215	85	1	first	first	ADV
fbem-13215	85	2	in	in	ADP
fbem-13215	85	3	accordance	accordance	NOUN
fbem-13215	85	4	with	with	ADP
fbem-13215	85	5	the	the	DET
fbem-13215	85	6	relevant	relevant	ADJ
fbem-13215	85	7	national	national	ADJ
fbem-13215	85	8	standards	standard	NOUN
fbem-13215	85	9	will	will	AUX
fbem-13215	85	10	heavy	heavy	VERB
fbem-13215	85	11	pollution	pollution	NOUN
fbem-13215	85	12	industry	industry	NOUN
fbem-13215	85	13	as	as	ADP
fbem-13215	85	14	mining	mining	NOUN
fbem-13215	85	15	industry	industry	NOUN
fbem-13215	85	16	(	(	PUNCT
fbem-13215	85	17	b	b	NOUN
fbem-13215	85	18	)	)	PUNCT
fbem-13215	85	19	,	,	PUNCT
fbem-13215	85	20	food	food	NOUN
fbem-13215	85	21	and	and	CCONJ
fbem-13215	85	22	beverage	beverage	NOUN
fbem-13215	85	23	industry	industry	NOUN
fbem-13215	85	24	(	(	PUNCT
fbem-13215	85	25	c0	c0	NOUN
fbem-13215	85	26	)	)	PUNCT
fbem-13215	85	27	,	,	PUNCT
fbem-13215	85	28	textile	textile	NOUN
fbem-13215	85	29	,	,	PUNCT
fbem-13215	85	30	clothing	clothing	NOUN
fbem-13215	85	31	,	,	PUNCT
fbem-13215	85	32	fur	fur	NOUN
fbem-13215	85	33	(	(	PUNCT
fbem-13215	85	34	c1	c1	PROPN
fbem-13215	85	35	)	)	PUNCT
fbem-13215	85	36	,	,	PUNCT
fbem-13215	85	37	wood	wood	NOUN
fbem-13215	85	38	,	,	PUNCT
fbem-13215	85	39	materials	material	NOUN
fbem-13215	85	40	,	,	PUNCT
fbem-13215	85	41	furniture	furniture	NOUN
fbem-13215	85	42	(	(	PUNCT
fbem-13215	85	43	c2	c2	PROPN
fbem-13215	85	44	)	)	PUNCT
fbem-13215	85	45	,	,	PUNCT
fbem-13215	85	46	paper	paper	NOUN
fbem-13215	85	47	making	making	NOUN
fbem-13215	85	48	,	,	PUNCT
fbem-13215	85	49	printing	printing	NOUN
fbem-13215	85	50	(	(	PUNCT
fbem-13215	85	51	c3	c3	PROPN
fbem-13215	85	52	)	)	PUNCT
fbem-13215	85	53	,	,	PUNCT
fbem-13215	85	54	oil	oil	NOUN
fbem-13215	85	55	,	,	PUNCT
fbem-13215	85	56	chemistry	chemistry	NOUN
fbem-13215	85	57	,	,	PUNCT
fbem-13215	85	58	plastic	plastic	NOUN
fbem-13215	85	59	,	,	PUNCT
fbem-13215	85	60	plastic	plastic	NOUN
fbem-13215	85	61	(	(	PUNCT
fbem-13215	85	62	c4	c4	NOUN
fbem-13215	85	63	)	)	PUNCT
fbem-13215	85	64	,	,	PUNCT
fbem-13215	85	65	metal	metal	NOUN
fbem-13215	85	66	,	,	PUNCT
fbem-13215	85	67	non	non	ADJ
fbem-13215	85	68	-	-	ADJ
fbem-13215	85	69	metal	metal	ADJ
fbem-13215	85	70	(	(	PUNCT
fbem-13215	85	71	c6	c6	PROPN
fbem-13215	85	72	)	)	PUNCT
fbem-13215	85	73	,	,	PUNCT
fbem-13215	85	74	medicine	medicine	NOUN
fbem-13215	85	75	,	,	PUNCT
fbem-13215	85	76	biological	biological	ADJ
fbem-13215	85	77	products	product	NOUN
fbem-13215	85	78	(	(	PUNCT
fbem-13215	85	79	c8	c8	PROPN
fbem-13215	85	80	)	)	PUNCT
fbem-13215	85	81	,	,	PUNCT
fbem-13215	85	82	electricity	electricity	NOUN
fbem-13215	85	83	,	,	PUNCT
fbem-13215	85	84	gas	gas	NOUN
fbem-13215	85	85	and	and	CCONJ
fbem-13215	85	86	water	water	NOUN
fbem-13215	85	87	production	production	NOUN
fbem-13215	85	88	and	and	CCONJ
fbem-13215	85	89	supply	supply	NOUN
fbem-13215	85	90	(	(	PUNCT
fbem-13215	85	91	d	d	NOUN
fbem-13215	85	92	)	)	PUNCT
fbem-13215	85	93	nine	nine	NUM
fbem-13215	85	94	industries	industry	NOUN
fbem-13215	85	95	.	.	PUNCT
fbem-13215	86	1	eliminate	eliminate	VERB
fbem-13215	86	2	st	st	PROPN
fbem-13215	86	3	companies	company	NOUN
fbem-13215	86	4	.	.	PUNCT
fbem-13215	87	1	delete	delete	ADJ
fbem-13215	87	2	missing	miss	VERB
fbem-13215	87	3	data	data	NOUN
fbem-13215	87	4	samples	sample	NOUN
fbem-13215	87	5	and	and	CCONJ
fbem-13215	87	6	obtain	obtain	VERB
fbem-13215	87	7	a	a	DET
fbem-13215	87	8	total	total	NOUN
fbem-13215	87	9	of	of	ADP
fbem-13215	87	10	2790	2790	NUM
fbem-13215	87	11	sample	sample	NOUN
fbem-13215	87	12	values	value	NOUN
fbem-13215	87	13	over	over	ADP
fbem-13215	87	14	5	5	NUM
fbem-13215	87	15	years	year	NOUN
fbem-13215	87	16	.	.	PUNCT
fbem-13215	88	1	in	in	ADP
fbem-13215	88	2	order	order	NOUN
fbem-13215	88	3	to	to	PART
fbem-13215	88	4	reduce	reduce	VERB
fbem-13215	88	5	the	the	DET
fbem-13215	88	6	deviation	deviation	NOUN
fbem-13215	88	7	of	of	ADP
fbem-13215	88	8	outliers	outlier	NOUN
fbem-13215	88	9	on	on	ADP
fbem-13215	88	10	the	the	DET
fbem-13215	88	11	empirical	empirical	ADJ
fbem-13215	88	12	results	result	NOUN
fbem-13215	88	13	,	,	PUNCT
fbem-13215	88	14	this	this	DET
fbem-13215	88	15	paper	paper	NOUN
fbem-13215	88	16	reduces	reduce	VERB
fbem-13215	88	17	the	the	DET
fbem-13215	88	18	1	1	NUM
fbem-13215	88	19	%	%	NOUN
fbem-13215	88	20	and	and	CCONJ
fbem-13215	88	21	99	99	NUM
fbem-13215	88	22	%	%	NOUN
fbem-13215	88	23	scales	scale	VERB
fbem-13215	88	24	for	for	ADP
fbem-13215	88	25	all	all	DET
fbem-13215	88	26	variable	variable	ADJ
fbem-13215	88	27	data	datum	NOUN
fbem-13215	88	28	.	.	PUNCT
fbem-13215	89	1	the	the	DET
fbem-13215	89	2	data	datum	NOUN
fbem-13215	89	3	needed	need	VERB
fbem-13215	89	4	for	for	ADP
fbem-13215	89	5	this	this	DET
fbem-13215	89	6	study	study	NOUN
fbem-13215	89	7	are	be	AUX
fbem-13215	89	8	from	from	ADP
fbem-13215	89	9	taian	taian	ADJ
fbem-13215	89	10	database	database	NOUN
fbem-13215	89	11	,	,	PUNCT
fbem-13215	89	12	china	china	PROPN
fbem-13215	89	13	statistical	statistical	ADJ
fbem-13215	89	14	yearbook	yearbook	NOUN
fbem-13215	89	15	,	,	PUNCT
fbem-13215	89	16	china	china	PROPN
fbem-13215	89	17	statistical	statistical	ADJ
fbem-13215	89	18	yearbook	yearbook	NOUN
fbem-13215	89	19	of	of	ADP
fbem-13215	89	20	environmental	environmental	ADJ
fbem-13215	89	21	statistical	statistical	ADJ
fbem-13215	89	22	yearbook	yearbook	NOUN
fbem-13215	89	23	and	and	CCONJ
fbem-13215	89	24	china	china	PROPN
fbem-13215	89	25	urban	urban	ADJ
fbem-13215	89	26	statistical	statistical	ADJ
fbem-13215	89	27	yearbook	yearbook	NOUN
fbem-13215	89	28	.	.	PUNCT
fbem-13215	90	1	the	the	DET
fbem-13215	90	2	collected	collect	VERB
fbem-13215	90	3	data	datum	NOUN
fbem-13215	90	4	were	be	AUX
fbem-13215	90	5	preprocessed	preprocesse	VERB
fbem-13215	90	6	by	by	ADP
fbem-13215	90	7	excel	excel	NOUN
fbem-13215	90	8	software	software	NOUN
fbem-13215	90	9	,	,	PUNCT
fbem-13215	90	10	and	and	CCONJ
fbem-13215	90	11	then	then	ADV
fbem-13215	90	12	further	further	ADJ
fbem-13215	90	13	descriptive	descriptive	ADJ
fbem-13215	90	14	statistics	statistic	NOUN
fbem-13215	90	15	and	and	CCONJ
fbem-13215	90	16	regression	regression	VERB
fbem-13215	90	17	analysis	analysis	NOUN
fbem-13215	90	18	were	be	AUX
fbem-13215	90	19	done	do	VERB
fbem-13215	90	20	by	by	ADP
fbem-13215	90	21	the	the	DET
fbem-13215	90	22	measurement	measurement	NOUN
fbem-13215	90	23	software	software	NOUN
fbem-13215	90	24	stata	stata	VERB
fbem-13215	90	25	16.0	16.0	NUM
fbem-13215	90	26	.	.	NOUN
fbem-13215	91	1	3.2	3.2	NUM
fbem-13215	91	2	.	.	PUNCT
fbem-13215	92	1	variable	variable	ADJ
fbem-13215	92	2	design	design	NOUN
fbem-13215	92	3	3.2.1	3.2.1	NUM
fbem-13215	92	4	.	.	PUNCT
fbem-13215	92	5	explained	explain	VERB
fbem-13215	92	6	variable	variable	ADJ
fbem-13215	92	7	this	this	DET
fbem-13215	92	8	paper	paper	NOUN
fbem-13215	92	9	takes	take	VERB
fbem-13215	92	10	the	the	DET
fbem-13215	92	11	enterprise	enterprise	NOUN
fbem-13215	92	12	r	r	NOUN
fbem-13215	92	13	&	&	CCONJ
fbem-13215	92	14	d	d	NOUN
fbem-13215	92	15	investment	investment	NOUN
fbem-13215	92	16	as	as	ADP
fbem-13215	92	17	the	the	DET
fbem-13215	92	18	agency	agency	NOUN
fbem-13215	92	19	index	index	NOUN
fbem-13215	92	20	of	of	ADP
fbem-13215	92	21	enterprise	enterprise	NOUN
fbem-13215	92	22	innovation	innovation	NOUN
fbem-13215	92	23	.	.	PUNCT
fbem-13215	93	1	existing	exist	VERB
fbem-13215	93	2	literature	literature	NOUN
fbem-13215	93	3	usually	usually	ADV
fbem-13215	93	4	treats	treat	VERB
fbem-13215	93	5	it	it	PRON
fbem-13215	93	6	as	as	ADP
fbem-13215	93	7	the	the	DET
fbem-13215	93	8	proportion	proportion	NOUN
fbem-13215	93	9	of	of	ADP
fbem-13215	93	10	r	r	NOUN
fbem-13215	93	11	&	&	CCONJ
fbem-13215	93	12	d	d	NOUN
fbem-13215	93	13	investment	investment	NOUN
fbem-13215	93	14	in	in	ADP
fbem-13215	93	15	operating	operate	VERB
fbem-13215	93	16	income	income	NOUN
fbem-13215	93	17	or	or	CCONJ
fbem-13215	93	18	total	total	ADJ
fbem-13215	93	19	assets	asset	NOUN
fbem-13215	93	20	,	,	PUNCT
fbem-13215	93	21	the	the	DET
fbem-13215	93	22	natural	natural	ADJ
fbem-13215	93	23	logarithm	logarithm	NOUN
fbem-13215	93	24	of	of	ADP
fbem-13215	93	25	r	r	PROPN
fbem-13215	93	26	&	&	CCONJ
fbem-13215	93	27	d	d	PROPN
fbem-13215	93	28	investment	investment	NOUN
fbem-13215	93	29	,	,	PUNCT
fbem-13215	93	30	etc	etc	X
fbem-13215	93	31	.	.	X
fbem-13215	93	32	in	in	ADP
fbem-13215	93	33	theory	theory	NOUN
fbem-13215	93	34	,	,	PUNCT
fbem-13215	93	35	the	the	DET
fbem-13215	93	36	strengthening	strengthening	NOUN
fbem-13215	93	37	of	of	ADP
fbem-13215	93	38	environmental	environmental	ADJ
fbem-13215	93	39	regulation	regulation	NOUN
fbem-13215	93	40	will	will	AUX
fbem-13215	93	41	stimulate	stimulate	VERB
fbem-13215	93	42	companies	company	NOUN
fbem-13215	93	43	to	to	PART
fbem-13215	93	44	increase	increase	VERB
fbem-13215	93	45	the	the	DET
fbem-13215	93	46	absolute	absolute	ADJ
fbem-13215	93	47	amount	amount	NOUN
fbem-13215	93	48	of	of	ADP
fbem-13215	93	49	r	r	NOUN
fbem-13215	93	50	&	&	CCONJ
fbem-13215	93	51	d	d	PROPN
fbem-13215	93	52	investment	investment	NOUN
fbem-13215	93	53	.	.	PUNCT
fbem-13215	94	1	therefore	therefore	ADV
fbem-13215	94	2	,	,	PUNCT
fbem-13215	94	3	this	this	DET
fbem-13215	94	4	paper	paper	NOUN
fbem-13215	94	5	refers	refer	VERB
fbem-13215	94	6	to	to	ADP
fbem-13215	94	7	the	the	DET
fbem-13215	94	8	practice	practice	NOUN
fbem-13215	94	9	of	of	ADP
fbem-13215	94	10	li	li	PROPN
fbem-13215	94	11	tao	tao	PROPN
fbem-13215	94	12	and	and	CCONJ
fbem-13215	94	13	li	li	PROPN
fbem-13215	94	14	on	on	ADP
fbem-13215	94	15	.	.	PUNCT
fbem-13215	95	1	in	in	ADP
fbem-13215	95	2	this	this	DET
fbem-13215	95	3	paper	paper	NOUN
fbem-13215	95	4	,	,	PUNCT
fbem-13215	95	5	we	we	PRON
fbem-13215	95	6	use	use	VERB
fbem-13215	95	7	the	the	DET
fbem-13215	95	8	natural	natural	ADJ
fbem-13215	95	9	logarithm	logarithm	NOUN
fbem-13215	95	10	of	of	ADP
fbem-13215	95	11	r	r	PROPN
fbem-13215	95	12	&	&	CCONJ
fbem-13215	95	13	d	d	NOUN
fbem-13215	95	14	investment	investment	NOUN
fbem-13215	95	15	in	in	ADP
fbem-13215	95	16	order	order	NOUN
fbem-13215	95	17	to	to	PART
fbem-13215	95	18	measure	measure	VERB
fbem-13215	95	19	the	the	DET
fbem-13215	95	20	enterprise	enterprise	NOUN
fbem-13215	95	21	innovation	innovation	NOUN
fbem-13215	95	22	ability	ability	NOUN
fbem-13215	95	23	,	,	PUNCT
fbem-13215	95	24	which	which	PRON
fbem-13215	95	25	is	be	AUX
fbem-13215	95	26	expressed	express	VERB
fbem-13215	95	27	by	by	ADP
fbem-13215	95	28	the	the	DET
fbem-13215	95	29	symbol	symbol	NOUN
fbem-13215	95	30	rds	rd	NOUN
fbem-13215	95	31	.	.	PUNCT
fbem-13215	96	1	3.2.2	3.2.2	X
fbem-13215	96	2	.	.	PUNCT
fbem-13215	97	1	explanatory	explanatory	ADJ
fbem-13215	97	2	variable	variable	NOUN
fbem-13215	97	3	for	for	ADP
fbem-13215	97	4	environmental	environmental	ADJ
fbem-13215	97	5	regulation	regulation	NOUN
fbem-13215	97	6	,	,	PUNCT
fbem-13215	97	7	the	the	DET
fbem-13215	97	8	relevant	relevant	ADJ
fbem-13215	97	9	data	datum	NOUN
fbem-13215	97	10	of	of	ADP
fbem-13215	97	11	this	this	DET
fbem-13215	97	12	variable	variable	NOUN
fbem-13215	97	13	is	be	AUX
fbem-13215	97	14	difficult	difficult	ADJ
fbem-13215	97	15	to	to	PART
fbem-13215	97	16	obtain	obtain	VERB
fbem-13215	97	17	and	and	CCONJ
fbem-13215	97	18	the	the	DET
fbem-13215	97	19	data	datum	NOUN
fbem-13215	97	20	quality	quality	NOUN
fbem-13215	97	21	is	be	AUX
fbem-13215	97	22	relatively	relatively	ADV
fbem-13215	97	23	weak	weak	ADJ
fbem-13215	97	24	,	,	PUNCT
fbem-13215	97	25	and	and	CCONJ
fbem-13215	97	26	the	the	DET
fbem-13215	97	27	academic	academic	ADJ
fbem-13215	97	28	community	community	NOUN
fbem-13215	97	29	has	have	AUX
fbem-13215	97	30	not	not	PART
fbem-13215	97	31	reached	reach	VERB
fbem-13215	97	32	a	a	DET
fbem-13215	97	33	unified	unified	ADJ
fbem-13215	97	34	measurement	measurement	NOUN
fbem-13215	97	35	standard	standard	NOUN
fbem-13215	97	36	.	.	PUNCT
fbem-13215	98	1	currently	currently	ADV
fbem-13215	98	2	for	for	ADP
fbem-13215	98	3	environmental	environmental	ADJ
fbem-13215	98	4	regulation	regulation	NOUN
fbem-13215	98	5	measure	measure	NOUN
fbem-13215	98	6	mainly	mainly	ADV
fbem-13215	98	7	has	have	AUX
fbem-13215	98	8	qualitative	qualitative	VERB
fbem-13215	98	9	and	and	CCONJ
fbem-13215	98	10	quantitative	quantitative	ADJ
fbem-13215	98	11	two	two	NUM
fbem-13215	98	12	ways	way	NOUN
fbem-13215	98	13	,	,	PUNCT
fbem-13215	98	14	because	because	SCONJ
fbem-13215	98	15	the	the	DET
fbem-13215	98	16	qualitative	qualitative	ADJ
fbem-13215	98	17	method	method	NOUN
fbem-13215	98	18	has	have	VERB
fbem-13215	98	19	certain	certain	ADJ
fbem-13215	98	20	subjectivity	subjectivity	NOUN
fbem-13215	98	21	,	,	PUNCT
fbem-13215	98	22	index	index	NOUN
fbem-13215	98	23	selection	selection	NOUN
fbem-13215	98	24	is	be	AUX
fbem-13215	98	25	more	more	ADV
fbem-13215	98	26	random	random	ADJ
fbem-13215	98	27	,	,	PUNCT
fbem-13215	98	28	may	may	AUX
fbem-13215	98	29	make	make	VERB
fbem-13215	98	30	the	the	DET
fbem-13215	98	31	results	result	NOUN
fbem-13215	98	32	deviation	deviation	NOUN
fbem-13215	98	33	,	,	PUNCT
fbem-13215	98	34	therefore	therefore	ADV
fbem-13215	98	35	,	,	PUNCT
fbem-13215	98	36	this	this	DET
fbem-13215	98	37	article	article	NOUN
fbem-13215	98	38	reference	reference	VERB
fbem-13215	98	39	ren	ren	PROPN
fbem-13215	98	40	xiaosong	xiaosong	PROPN
fbem-13215	98	41	,	,	PUNCT
fbem-13215	98	42	using	use	VERB
fbem-13215	98	43	entropy	entropy	NOUN
fbem-13215	98	44	method	method	NOUN
fbem-13215	98	45	and	and	CCONJ
fbem-13215	98	46	principal	principal	ADJ
fbem-13215	98	47	component	component	NOUN
fbem-13215	98	48	analysis	analysis	NOUN
fbem-13215	98	49	of	of	ADP
fbem-13215	98	50	industrial	industrial	ADJ
fbem-13215	98	51	wastewater	wastewater	NOUN
fbem-13215	98	52	emissions	emission	NOUN
fbem-13215	98	53	,	,	PUNCT
fbem-13215	98	54	industrial	industrial	ADJ
fbem-13215	98	55	so2	so2	PROPN
fbem-13215	98	56	emissions	emission	NOUN
fbem-13215	98	57	and	and	CCONJ
fbem-13215	98	58	industrial	industrial	ADJ
fbem-13215	98	59	soot	soot	NOUN
fbem-13215	98	60	emissions	emission	NOUN
fbem-13215	98	61	for	for	ADP
fbem-13215	98	62	environmental	environmental	ADJ
fbem-13215	98	63	pollution	pollution	NOUN
fbem-13215	98	64	emissions	emission	NOUN
fbem-13215	98	65	comprehensive	comprehensive	ADJ
fbem-13215	98	66	index	index	NOUN
fbem-13215	98	67	quantitative	quantitative	ADJ
fbem-13215	98	68	measurement	measurement	NOUN
fbem-13215	98	69	:	:	PUNCT
fbem-13215	98	70	(	(	PUNCT
fbem-13215	98	71	1	1	X
fbem-13215	98	72	)	)	PUNCT
fbem-13215	98	73	standardize	standardize	VERB
fbem-13215	98	74	these	these	DET
fbem-13215	98	75	three	three	NUM
fbem-13215	98	76	contaminants	contaminant	NOUN
fbem-13215	98	77	:	:	PUNCT
fbem-13215	98	78	𝑈𝐸	𝑈𝐸	PROPN
fbem-13215	98	79	𝑈𝐸	𝑈𝐸	PROPN
fbem-13215	98	80	min	min	NOUN
fbem-13215	98	81	𝑈𝐸	𝑈𝐸	PROPN
fbem-13215	98	82	/	/	SYM
fbem-13215	98	83	max	max	PROPN
fbem-13215	98	84	𝑈𝐸	𝑈𝐸	PROPN
fbem-13215	98	85	min	min	NOUN
fbem-13215	98	86	𝑈𝐸	𝑈𝐸	PROPN
fbem-13215	98	87	among	among	ADP
fbem-13215	98	88	them	they	PRON
fbem-13215	98	89	,	,	PUNCT
fbem-13215	98	90	𝑈𝐸	𝑈𝐸	PROPN
fbem-13215	98	91	is	be	AUX
fbem-13215	98	92	the	the	DET
fbem-13215	98	93	standardized	standardized	ADJ
fbem-13215	98	94	result	result	NOUN
fbem-13215	98	95	of	of	ADP
fbem-13215	98	96	the	the	DET
fbem-13215	98	97	index	index	NOUN
fbem-13215	98	98	,	,	PUNCT
fbem-13215	98	99	𝑈𝐸	𝑈𝐸	PROPN
fbem-13215	98	100	is	be	AUX
fbem-13215	98	101	the	the	DET
fbem-13215	98	102	unit	unit	NOUN
fbem-13215	98	103	output	output	NOUN
fbem-13215	98	104	value	value	NOUN
fbem-13215	98	105	of	of	ADP
fbem-13215	98	106	class	class	NOUN
fbem-13215	98	107	j	j	PROPN
fbem-13215	98	108	pollutants	pollutant	NOUN
fbem-13215	98	109	in	in	ADP
fbem-13215	98	110	province	province	PROPN
fbem-13215	98	111	i	i	PROPN
fbem-13215	98	112	,	,	PUNCT
fbem-13215	98	113	min	min	PROPN
fbem-13215	98	114	𝑈𝐸	𝑈𝐸	PROPN
fbem-13215	98	115	represents	represent	VERB
fbem-13215	98	116	the	the	DET
fbem-13215	98	117	minimum	minimum	ADJ
fbem-13215	98	118	value	value	NOUN
fbem-13215	98	119	of	of	ADP
fbem-13215	98	120	unit	unit	NOUN
fbem-13215	98	121	output	output	NOUN
fbem-13215	98	122	value	value	NOUN
fbem-13215	98	123	of	of	ADP
fbem-13215	98	124	class	class	NOUN
fbem-13215	98	125	j	j	PROPN
fbem-13215	98	126	pollutants	pollutant	NOUN
fbem-13215	98	127	in	in	ADP
fbem-13215	98	128	all	all	DET
fbem-13215	98	129	provinces	province	NOUN
fbem-13215	98	130	,	,	PUNCT
fbem-13215	98	131	and	and	CCONJ
fbem-13215	98	132	max	max	PROPN
fbem-13215	98	133	𝑈𝐸	𝑈𝐸	PROPN
fbem-13215	98	134	represents	represent	VERB
fbem-13215	98	135	the	the	DET
fbem-13215	98	136	maximum	maximum	ADJ
fbem-13215	98	137	value	value	NOUN
fbem-13215	98	138	of	of	ADP
fbem-13215	98	139	unit	unit	NOUN
fbem-13215	98	140	output	output	NOUN
fbem-13215	98	141	value	value	NOUN
fbem-13215	98	142	of	of	ADP
fbem-13215	98	143	class	class	NOUN
fbem-13215	98	144	j	j	PROPN
fbem-13215	98	145	pollutants	pollutant	NOUN
fbem-13215	98	146	in	in	ADP
fbem-13215	98	147	all	all	DET
fbem-13215	98	148	provinces	province	NOUN
fbem-13215	98	149	.	.	PUNCT
fbem-13215	99	1	(	(	PUNCT
fbem-13215	99	2	2	2	X
fbem-13215	99	3	)	)	PUNCT
fbem-13215	99	4	take	take	VERB
fbem-13215	99	5	the	the	DET
fbem-13215	99	6	weight	weight	NOUN
fbem-13215	99	7	of	of	ADP
fbem-13215	99	8	each	each	DET
fbem-13215	99	9	pollutant	pollutant	NOUN
fbem-13215	99	10	:	:	PUNCT
fbem-13215	99	11	𝑊	𝑊	PROPN
fbem-13215	99	12	𝑈𝐸/𝑈𝐸	𝑈𝐸/𝑈𝐸	PUNCT
fbem-13215	99	13	𝑈𝐸	𝑈𝐸	PROPN
fbem-13215	99	14	represents	represent	VERB
fbem-13215	99	15	the	the	DET
fbem-13215	99	16	average	average	ADJ
fbem-13215	99	17	level	level	NOUN
fbem-13215	99	18	of	of	ADP
fbem-13215	99	19	unit	unit	NOUN
fbem-13215	99	20	output	output	NOUN
fbem-13215	99	21	value	value	NOUN
fbem-13215	99	22	of	of	ADP
fbem-13215	99	23	j	j	PROPN
fbem-13215	99	24	pollutant	pollutant	PROPN
fbem-13215	99	25	in	in	ADP
fbem-13215	99	26	province	province	NOUN
fbem-13215	99	27	i	i	PRON
fbem-13215	99	28	in	in	ADP
fbem-13215	99	29	each	each	DET
fbem-13215	99	30	year	year	NOUN
fbem-13215	99	31	;	;	PUNCT
fbem-13215	99	32	(	(	PUNCT
fbem-13215	99	33	3	3	X
fbem-13215	99	34	)	)	PUNCT
fbem-13215	99	35	the	the	DET
fbem-13215	99	36	environmental	environmental	ADJ
fbem-13215	99	37	regulatory	regulatory	ADJ
fbem-13215	99	38	composite	composite	ADJ
fbem-13215	99	39	index	index	NOUN
fbem-13215	99	40	is	be	AUX
fbem-13215	99	41	obtained	obtain	VERB
fbem-13215	99	42	from	from	ADP
fbem-13215	99	43	the	the	DET
fbem-13215	99	44	product	product	NOUN
fbem-13215	99	45	of	of	ADP
fbem-13215	99	46	weights	weight	NOUN
fbem-13215	99	47	and	and	CCONJ
fbem-13215	99	48	standardization	standardization	NOUN
fbem-13215	99	49	:	:	PUNCT
fbem-13215	99	50	𝐸𝑅	𝐸𝑅	NOUN
fbem-13215	99	51	1	1	NUM
fbem-13215	99	52	3	3	NUM
fbem-13215	99	53	𝑊	𝑊	NOUN
fbem-13215	99	54	𝑈𝐸	𝑈𝐸	PROPN
fbem-13215	99	55	𝐸𝑅	𝐸𝑅	NOUN
fbem-13215	99	56	is	be	AUX
fbem-13215	99	57	the	the	DET
fbem-13215	99	58	comprehensive	comprehensive	ADJ
fbem-13215	99	59	index	index	NOUN
fbem-13215	99	60	of	of	ADP
fbem-13215	99	61	environmental	environmental	ADJ
fbem-13215	99	62	regulation	regulation	NOUN
fbem-13215	99	63	in	in	ADP
fbem-13215	99	64	province	province	PROPN
fbem-13215	99	65	i.	i.	PROPN
fbem-13215	99	66	(	(	PUNCT
fbem-13215	99	67	4	4	NUM
fbem-13215	99	68	)	)	PUNCT
fbem-13215	99	69	according	accord	VERB
fbem-13215	99	70	to	to	ADP
fbem-13215	99	71	the	the	DET
fbem-13215	99	72	information	information	NOUN
fbem-13215	99	73	of	of	ADP
fbem-13215	99	74	the	the	DET
fbem-13215	99	75	province	province	NOUN
fbem-13215	99	76	to	to	PART
fbem-13215	99	77	which	which	PRON
fbem-13215	99	78	the	the	DET
fbem-13215	99	79	sample	sample	NOUN
fbem-13215	99	80	enterprise	enterprise	NOUN
fbem-13215	99	81	belongs	belong	VERB
fbem-13215	99	82	,	,	PUNCT
fbem-13215	99	83	the	the	DET
fbem-13215	99	84	eri	eri	NOUN
fbem-13215	99	85	of	of	ADP
fbem-13215	99	86	the	the	DET
fbem-13215	99	87	sample	sample	NOUN
fbem-13215	99	88	enterprise	enterprise	NOUN
fbem-13215	99	89	is	be	AUX
fbem-13215	99	90	matched	match	VERB
fbem-13215	99	91	.	.	PUNCT
fbem-13215	100	1	the	the	DET
fbem-13215	100	2	larger	large	ADJ
fbem-13215	100	3	eri	eri	NOUN
fbem-13215	100	4	,	,	PUNCT
fbem-13215	100	5	the	the	DET
fbem-13215	100	6	more	more	ADJ
fbem-13215	100	7	pollution	pollution	NOUN
fbem-13215	100	8	emissions	emission	NOUN
fbem-13215	100	9	and	and	CCONJ
fbem-13215	100	10	the	the	DET
fbem-13215	100	11	weaker	weak	ADJ
fbem-13215	100	12	environmental	environmental	ADJ
fbem-13215	100	13	regulation	regulation	NOUN
fbem-13215	100	14	.	.	PUNCT
fbem-13215	101	1	the	the	DET
fbem-13215	101	2	above	above	ADJ
fbem-13215	101	3	relevant	relevant	ADJ
fbem-13215	101	4	data	datum	NOUN
fbem-13215	101	5	are	be	AUX
fbem-13215	101	6	from	from	ADP
fbem-13215	101	7	china	china	PROPN
fbem-13215	101	8	statistical	statistical	ADJ
fbem-13215	101	9	yearbook	yearbook	NOUN
fbem-13215	101	10	,	,	PUNCT
fbem-13215	101	11	china	china	PROPN
fbem-13215	101	12	environmental	environmental	ADJ
fbem-13215	101	13	statistical	statistical	ADJ
fbem-13215	101	14	yearbook	yearbook	NOUN
fbem-13215	101	15	and	and	CCONJ
fbem-13215	101	16	china	china	PROPN
fbem-13215	101	17	city	city	PROPN
fbem-13215	101	18	statistical	statistical	ADJ
fbem-13215	101	19	yearbook	yearbook	NOUN
fbem-13215	101	20	.	.	PUNCT
fbem-13215	102	1	3.2.3	3.2.3	X
fbem-13215	102	2	.	.	X
fbem-13215	102	3	mediator	mediator	NOUN
fbem-13215	102	4	variable	variable	NOUN
fbem-13215	102	5	due	due	ADP
fbem-13215	102	6	to	to	ADP
fbem-13215	102	7	the	the	DET
fbem-13215	102	8	complexity	complexity	NOUN
fbem-13215	102	9	of	of	ADP
fbem-13215	102	10	corporate	corporate	ADJ
fbem-13215	102	11	financing	financing	NOUN
fbem-13215	102	12	constraints	constraint	NOUN
fbem-13215	102	13	,	,	PUNCT
fbem-13215	102	14	a	a	DET
fbem-13215	102	15	variety	variety	NOUN
fbem-13215	102	16	of	of	ADP
fbem-13215	102	17	financial	financial	ADJ
fbem-13215	102	18	indicators	indicator	NOUN
fbem-13215	102	19	will	will	AUX
fbem-13215	102	20	have	have	VERB
fbem-13215	102	21	an	an	DET
fbem-13215	102	22	indirect	indirect	ADJ
fbem-13215	102	23	impact	impact	NOUN
fbem-13215	102	24	on	on	ADP
fbem-13215	102	25	them	they	PRON
fbem-13215	102	26	,	,	PUNCT
fbem-13215	102	27	so	so	ADV
fbem-13215	102	28	most	most	ADJ
fbem-13215	102	29	scholars	scholar	NOUN
fbem-13215	102	30	use	use	VERB
fbem-13215	102	31	multivariate	multivariate	NOUN
fbem-13215	102	32	indices	index	NOUN
fbem-13215	102	33	to	to	PART
fbem-13215	102	34	measure	measure	VERB
fbem-13215	102	35	corporate	corporate	ADJ
fbem-13215	102	36	financing	financing	NOUN
fbem-13215	102	37	constraints	constraint	NOUN
fbem-13215	102	38	,	,	PUNCT
fbem-13215	102	39	such	such	ADJ
fbem-13215	102	40	as	as	ADP
fbem-13215	102	41	kz	kz	PROPN
fbem-13215	102	42	index	index	PROPN
fbem-13215	102	43	,	,	PUNCT
fbem-13215	102	44	ww	ww	PROPN
fbem-13215	102	45	index	index	PROPN
fbem-13215	102	46	,	,	PUNCT
fbem-13215	102	47	sa	sa	PROPN
fbem-13215	102	48	index	index	PROPN
fbem-13215	102	49	.	.	PUNCT
fbem-13215	103	1	among	among	ADP
fbem-13215	103	2	the	the	DET
fbem-13215	103	3	three	three	NUM
fbem-13215	103	4	,	,	PUNCT
fbem-13215	103	5	the	the	DET
fbem-13215	103	6	kz	kz	PROPN
fbem-13215	103	7	index	index	PROPN
fbem-13215	103	8	and	and	CCONJ
fbem-13215	103	9	ww	ww	PROPN
fbem-13215	103	10	index	index	NOUN
fbem-13215	103	11	contain	contain	VERB
fbem-13215	103	12	many	many	ADJ
fbem-13215	103	13	endogenous	endogenous	ADJ
fbem-13215	103	14	financial	financial	ADJ
fbem-13215	103	15	variables	variable	NOUN
fbem-13215	103	16	,	,	PUNCT
fbem-13215	103	17	such	such	ADJ
fbem-13215	103	18	as	as	ADP
fbem-13215	103	19	cash	cash	NOUN
fbem-13215	103	20	flow	flow	NOUN
fbem-13215	103	21	,	,	PUNCT
fbem-13215	103	22	leverage	leverage	NOUN
fbem-13215	103	23	,	,	PUNCT
fbem-13215	103	24	industrial	industrial	ADJ
fbem-13215	103	25	enterprise	enterprise	NOUN
fbem-13215	103	26	scale	scale	NOUN
fbem-13215	103	27	,	,	PUNCT
fbem-13215	103	28	etc	etc	X
fbem-13215	103	29	.	.	X
fbem-13215	103	30	,	,	PUNCT
fbem-13215	103	31	and	and	CCONJ
fbem-13215	103	32	financing	financing	NOUN
fbem-13215	103	33	constraints	constraint	NOUN
fbem-13215	103	34	and	and	CCONJ
fbem-13215	103	35	financial	financial	ADJ
fbem-13215	103	36	variables	variable	NOUN
fbem-13215	103	37	such	such	ADJ
fbem-13215	103	38	as	as	ADP
fbem-13215	103	39	cash	cash	NOUN
fbem-13215	103	40	flow	flow	NOUN
fbem-13215	103	41	,	,	PUNCT
fbem-13215	103	42	industrial	industrial	ADJ
fbem-13215	103	43	enterprise	enterprise	NOUN
fbem-13215	103	44	leverage	leverage	NOUN
fbem-13215	103	45	,	,	PUNCT
fbem-13215	103	46	and	and	CCONJ
fbem-13215	103	47	industrial	industrial	ADJ
fbem-13215	103	48	enterprise	enterprise	NOUN
fbem-13215	103	49	scale	scale	NOUN
fbem-13215	103	50	determine	determine	VERB
fbem-13215	103	51	each	each	DET
fbem-13215	103	52	other	other	ADJ
fbem-13215	103	53	.	.	PUNCT
fbem-13215	104	1	because	because	SCONJ
fbem-13215	104	2	the	the	DET
fbem-13215	104	3	sa	sa	PROPN
fbem-13215	104	4	index	index	NOUN
fbem-13215	104	5	method	method	NOUN
fbem-13215	104	6	can	can	AUX
fbem-13215	104	7	effectively	effectively	ADV
fbem-13215	104	8	overcome	overcome	VERB
fbem-13215	104	9	the	the	DET
fbem-13215	104	10	disadvantages	disadvantage	NOUN
fbem-13215	104	11	of	of	ADP
fbem-13215	104	12	the	the	DET
fbem-13215	104	13	ww	ww	PROPN
fbem-13215	104	14	index	index	NOUN
fbem-13215	104	15	and	and	CCONJ
fbem-13215	104	16	kz	kz	PROPN
fbem-13215	104	17	index	index	NOUN
fbem-13215	104	18	containing	contain	VERB
fbem-13215	104	19	endogenous	endogenous	ADJ
fbem-13215	104	20	variables	variable	NOUN
fbem-13215	104	21	.	.	PUNCT
fbem-13215	105	1	therefore	therefore	ADV
fbem-13215	105	2	,	,	PUNCT
fbem-13215	105	3	this	this	DET
fbem-13215	105	4	paper	paper	NOUN
fbem-13215	105	5	uses	use	VERB
fbem-13215	105	6	the	the	DET
fbem-13215	105	7	sa	sa	PROPN
fbem-13215	105	8	index	index	NOUN
fbem-13215	105	9	to	to	PART
fbem-13215	105	10	construct	construct	VERB
fbem-13215	105	11	the	the	DET
fbem-13215	105	12	financing	financing	NOUN
fbem-13215	105	13	constraint	constraint	NOUN
fbem-13215	105	14	index	index	NOUN
fbem-13215	105	15	(	(	PUNCT
fbem-13215	105	16	fc	fc	PROPN
fbem-13215	105	17	)	)	PUNCT
fbem-13215	105	18	.	.	PUNCT
fbem-13215	106	1	a	a	DET
fbem-13215	106	2	higher	high	ADJ
fbem-13215	106	3	value	value	NOUN
fbem-13215	106	4	for	for	ADP
fbem-13215	106	5	fc	fc	PROPN
fbem-13215	106	6	indicates	indicate	VERB
fbem-13215	106	7	a	a	DET
fbem-13215	106	8	lower	low	ADJ
fbem-13215	106	9	degree	degree	NOUN
fbem-13215	106	10	of	of	ADP
fbem-13215	106	11	financing	financing	NOUN
fbem-13215	106	12	constraint	constraint	NOUN
fbem-13215	106	13	on	on	ADP
fbem-13215	106	14	the	the	DET
fbem-13215	106	15	business	business	NOUN
fbem-13215	106	16	.	.	PUNCT
fbem-13215	107	1	the	the	DET
fbem-13215	107	2	sa	sa	PROPN
fbem-13215	107	3	index	index	NOUN
fbem-13215	107	4	was	be	AUX
fbem-13215	107	5	originally	originally	ADV
fbem-13215	107	6	proposed	propose	VERB
fbem-13215	107	7	by	by	ADP
fbem-13215	107	8	hadlock	hadlock	NOUN
fbem-13215	107	9	&	&	CCONJ
fbem-13215	107	10	pierce	pierce	PROPN
fbem-13215	107	11	,	,	PUNCT
fbem-13215	107	12	who	who	PRON
fbem-13215	107	13	found	find	VERB
fbem-13215	107	14	that	that	SCONJ
fbem-13215	107	15	the	the	DET
fbem-13215	107	16	size	size	NOUN
fbem-13215	107	17	and	and	CCONJ
fbem-13215	107	18	age	age	NOUN
fbem-13215	107	19	of	of	ADP
fbem-13215	107	20	firms	firm	NOUN
fbem-13215	107	21	are	be	AUX
fbem-13215	107	22	particularly	particularly	ADV
fbem-13215	107	23	useful	useful	ADJ
fbem-13215	107	24	indicators	indicator	NOUN
fbem-13215	107	25	for	for	ADP
fbem-13215	107	26	measuring	measure	VERB
fbem-13215	107	27	the	the	DET
fbem-13215	107	28	level	level	NOUN
fbem-13215	107	29	of	of	ADP
fbem-13215	107	30	financing	financing	NOUN
fbem-13215	107	31	constraints	constraint	NOUN
fbem-13215	107	32	,	,	PUNCT
fbem-13215	107	33	with	with	ADP
fbem-13215	107	34	the	the	DET
fbem-13215	107	35	expression	expression	NOUN
fbem-13215	107	36	as	as	ADP
fbem-13215	107	37	sa	sa	PROPN
fbem-13215	107	38	0.737	0.737	NUM
fbem-13215	107	39	si	si	PROPN
fbem-13215	107	40	0.043	0.043	NUM
fbem-13215	107	41	si	si	NOUN
fbem-13215	107	42	0.040	0.040	NUM
fbem-13215	107	43	a	a	PRON
fbem-13215	107	44	,	,	PUNCT
fbem-13215	107	45	where	where	SCONJ
fbem-13215	107	46	si	si	PROPN
fbem-13215	107	47	is	be	AUX
fbem-13215	107	48	the	the	DET
fbem-13215	107	49	natural	natural	ADJ
fbem-13215	107	50	logarithm	logarithm	NOUN
fbem-13215	107	51	of	of	ADP
fbem-13215	107	52	the	the	DET
fbem-13215	107	53	company	company	NOUN
fbem-13215	107	54	's	's	PART
fbem-13215	107	55	total	total	ADJ
fbem-13215	107	56	assets	asset	NOUN
fbem-13215	107	57	,	,	PUNCT
fbem-13215	107	58	a	a	PRON
fbem-13215	107	59	is	be	AUX
fbem-13215	107	60	the	the	DET
fbem-13215	107	61	company	company	NOUN
fbem-13215	107	62	's	's	PART
fbem-13215	107	63	number	number	NOUN
fbem-13215	107	64	of	of	ADP
fbem-13215	107	65	years	year	NOUN
fbem-13215	107	66	on	on	ADP
fbem-13215	107	67	the	the	DET
fbem-13215	107	68	market	market	NOUN
fbem-13215	107	69	,	,	PUNCT
fbem-13215	107	70	and	and	CCONJ
fbem-13215	107	71	sa	sa	PROPN
fbem-13215	107	72	is	be	AUX
fbem-13215	107	73	negative	negative	ADJ
fbem-13215	107	74	.	.	PUNCT
fbem-13215	108	1	3.2.4	3.2.4	NUM
fbem-13215	108	2	.	.	PUNCT
fbem-13215	108	3	controlled	control	VERB
fbem-13215	108	4	variable	variable	NOUN
fbem-13215	108	5	in	in	ADP
fbem-13215	108	6	order	order	NOUN
fbem-13215	108	7	to	to	PART
fbem-13215	108	8	effectively	effectively	ADV
fbem-13215	108	9	control	control	VERB
fbem-13215	108	10	various	various	ADJ
fbem-13215	108	11	factors	factor	NOUN
fbem-13215	108	12	that	that	PRON
fbem-13215	108	13	may	may	AUX
fbem-13215	108	14	affect	affect	VERB
fbem-13215	108	15	enterprise	enterprise	NOUN
fbem-13215	108	16	innovation	innovation	NOUN
fbem-13215	108	17	,	,	PUNCT
fbem-13215	108	18	this	this	DET
fbem-13215	108	19	paper	paper	NOUN
fbem-13215	108	20	selects	select	VERB
fbem-13215	108	21	the	the	DET
fbem-13215	108	22	following	following	ADJ
fbem-13215	108	23	variables	variable	NOUN
fbem-13215	108	24	that	that	PRON
fbem-13215	108	25	affect	affect	VERB
fbem-13215	108	26	the	the	DET
fbem-13215	108	27	characteristics	characteristic	NOUN
fbem-13215	108	28	of	of	ADP
fbem-13215	108	29	enterprises	enterprise	NOUN
fbem-13215	108	30	as	as	ADP
fbem-13215	108	31	control	control	NOUN
fbem-13215	108	32	variables	variable	NOUN
fbem-13215	108	33	based	base	VERB
fbem-13215	108	34	on	on	ADP
fbem-13215	108	35	existing	exist	VERB
fbem-13215	108	36	research	research	NOUN
fbem-13215	108	37	:	:	PUNCT
fbem-13215	108	38	profitability	profitability	NOUN
fbem-13215	108	39	197	197	NUM
fbem-13215	108	40	(	(	PUNCT
fbem-13215	108	41	roa	roa	NOUN
fbem-13215	108	42	)	)	PUNCT
fbem-13215	108	43	,	,	PUNCT
fbem-13215	108	44	cash	cash	NOUN
fbem-13215	108	45	flow	flow	NOUN
fbem-13215	108	46	(	(	PUNCT
fbem-13215	108	47	cf	cf	NOUN
fbem-13215	108	48	)	)	PUNCT
fbem-13215	108	49	,	,	PUNCT
fbem-13215	108	50	investment	investment	NOUN
fbem-13215	108	51	opportunity	opportunity	NOUN
fbem-13215	108	52	(	(	PUNCT
fbem-13215	108	53	opp	opp	PROPN
fbem-13215	108	54	)	)	PUNCT
fbem-13215	108	55	,	,	PUNCT
fbem-13215	108	56	company	company	NOUN
fbem-13215	108	57	age	age	NOUN
fbem-13215	108	58	(	(	PUNCT
fbem-13215	108	59	age	age	NOUN
fbem-13215	108	60	)	)	PUNCT
fbem-13215	108	61	,	,	PUNCT
fbem-13215	108	62	equity	equity	NOUN
fbem-13215	108	63	structure	structure	NOUN
fbem-13215	108	64	(	(	PUNCT
fbem-13215	108	65	ls1	ls1	NOUN
fbem-13215	108	66	)	)	PUNCT
fbem-13215	108	67	,	,	PUNCT
fbem-13215	108	68	and	and	CCONJ
fbem-13215	108	69	asset	asset	NOUN
fbem-13215	108	70	size	size	NOUN
fbem-13215	108	71	(	(	PUNCT
fbem-13215	108	72	size	size	NOUN
fbem-13215	108	73	)	)	PUNCT
fbem-13215	108	74	.	.	PUNCT
fbem-13215	109	1	considering	consider	VERB
fbem-13215	109	2	that	that	SCONJ
fbem-13215	109	3	enterprises	enterprise	NOUN
fbem-13215	109	4	with	with	ADP
fbem-13215	109	5	higher	high	ADJ
fbem-13215	109	6	growth	growth	NOUN
fbem-13215	109	7	potential	potential	NOUN
fbem-13215	109	8	will	will	AUX
fbem-13215	109	9	bring	bring	VERB
fbem-13215	109	10	more	more	ADJ
fbem-13215	109	11	internal	internal	ADJ
fbem-13215	109	12	cash	cash	NOUN
fbem-13215	109	13	flow	flow	NOUN
fbem-13215	109	14	,	,	PUNCT
fbem-13215	109	15	this	this	DET
fbem-13215	109	16	paper	paper	NOUN
fbem-13215	109	17	introduces	introduce	VERB
fbem-13215	109	18	the	the	DET
fbem-13215	109	19	ratio	ratio	NOUN
fbem-13215	109	20	of	of	ADP
fbem-13215	109	21	net	net	ADJ
fbem-13215	109	22	profit	profit	NOUN
fbem-13215	109	23	to	to	PART
fbem-13215	109	24	average	average	VERB
fbem-13215	109	25	total	total	ADJ
fbem-13215	109	26	assets	asset	NOUN
fbem-13215	109	27	as	as	ADP
fbem-13215	109	28	a	a	DET
fbem-13215	109	29	variable	variable	NOUN
fbem-13215	109	30	to	to	PART
fbem-13215	109	31	judge	judge	VERB
fbem-13215	109	32	the	the	DET
fbem-13215	109	33	profitability	profitability	NOUN
fbem-13215	109	34	of	of	ADP
fbem-13215	109	35	enterprises	enterprise	NOUN
fbem-13215	109	36	.	.	PUNCT
fbem-13215	110	1	since	since	SCONJ
fbem-13215	110	2	not	not	PART
fbem-13215	110	3	only	only	ADV
fbem-13215	110	4	the	the	DET
fbem-13215	110	5	internal	internal	ADJ
fbem-13215	110	6	cash	cash	NOUN
fbem-13215	110	7	flow	flow	NOUN
fbem-13215	110	8	of	of	ADP
fbem-13215	110	9	an	an	DET
fbem-13215	110	10	enterprise	enterprise	NOUN
fbem-13215	110	11	can	can	AUX
fbem-13215	110	12	affect	affect	VERB
fbem-13215	110	13	the	the	DET
fbem-13215	110	14	degree	degree	NOUN
fbem-13215	110	15	of	of	ADP
fbem-13215	110	16	financing	financing	NOUN
fbem-13215	110	17	constraints	constraint	NOUN
fbem-13215	110	18	of	of	ADP
fbem-13215	110	19	the	the	DET
fbem-13215	110	20	enterprise	enterprise	NOUN
fbem-13215	110	21	to	to	ADP
fbem-13215	110	22	a	a	DET
fbem-13215	110	23	certain	certain	ADJ
fbem-13215	110	24	extent	extent	NOUN
fbem-13215	110	25	,	,	PUNCT
fbem-13215	110	26	but	but	CCONJ
fbem-13215	110	27	also	also	ADV
fbem-13215	110	28	the	the	DET
fbem-13215	110	29	size	size	NOUN
fbem-13215	110	30	of	of	ADP
fbem-13215	110	31	the	the	DET
fbem-13215	110	32	enterprise	enterprise	NOUN
fbem-13215	110	33	will	will	AUX
fbem-13215	110	34	also	also	ADV
fbem-13215	110	35	affect	affect	VERB
fbem-13215	110	36	the	the	DET
fbem-13215	110	37	degree	degree	NOUN
fbem-13215	110	38	of	of	ADP
fbem-13215	110	39	its	its	PRON
fbem-13215	110	40	financing	financing	NOUN
fbem-13215	110	41	constraints	constraint	NOUN
fbem-13215	110	42	to	to	ADP
fbem-13215	110	43	a	a	DET
fbem-13215	110	44	certain	certain	ADJ
fbem-13215	110	45	extent	extent	NOUN
fbem-13215	110	46	,	,	PUNCT
fbem-13215	110	47	this	this	DET
fbem-13215	110	48	paper	paper	NOUN
fbem-13215	110	49	adds	add	VERB
fbem-13215	110	50	the	the	DET
fbem-13215	110	51	scale	scale	NOUN
fbem-13215	110	52	of	of	ADP
fbem-13215	110	53	the	the	DET
fbem-13215	110	54	enterprise	enterprise	NOUN
fbem-13215	110	55	to	to	ADP
fbem-13215	110	56	the	the	DET
fbem-13215	110	57	variables	variable	NOUN
fbem-13215	110	58	.	.	PUNCT
fbem-13215	111	1	table	table	NOUN
fbem-13215	111	2	1	1	NUM
fbem-13215	111	3	shows	show	VERB
fbem-13215	111	4	the	the	DET
fbem-13215	111	5	definition	definition	NOUN
fbem-13215	111	6	of	of	ADP
fbem-13215	111	7	related	related	ADJ
fbem-13215	111	8	variables	variable	NOUN
fbem-13215	111	9	and	and	CCONJ
fbem-13215	111	10	how	how	SCONJ
fbem-13215	111	11	they	they	PRON
fbem-13215	111	12	are	be	AUX
fbem-13215	111	13	calculated	calculate	VERB
fbem-13215	111	14	.	.	PUNCT
fbem-13215	112	1	table	table	NOUN
fbem-13215	112	2	1	1	NUM
fbem-13215	112	3	.	.	PUNCT
fbem-13215	113	1	variable	variable	ADJ
fbem-13215	113	2	definitions	definition	NOUN
fbem-13215	113	3	type	type	NOUN
fbem-13215	113	4	of	of	ADP
fbem-13215	113	5	variable	variable	ADJ
fbem-13215	113	6	variable	variable	ADJ
fbem-13215	113	7	name	name	NOUN
fbem-13215	113	8	variable	variable	ADJ
fbem-13215	113	9	symbol	symbol	NOUN
fbem-13215	113	10	meaning	meaning	NOUN
fbem-13215	113	11	and	and	CCONJ
fbem-13215	113	12	description	description	NOUN
fbem-13215	113	13	of	of	ADP
fbem-13215	113	14	the	the	DET
fbem-13215	113	15	variables	variable	NOUN
fbem-13215	113	16	explained	explain	VERB
fbem-13215	113	17	variable	variable	ADJ
fbem-13215	113	18	enterprise	enterprise	NOUN
fbem-13215	113	19	innovation	innovation	NOUN
fbem-13215	113	20	rds	rd	VERB
fbem-13215	113	21	the	the	DET
fbem-13215	113	22	r	r	NOUN
fbem-13215	113	23	&	&	CCONJ
fbem-13215	113	24	d	d	PROPN
fbem-13215	113	25	investment	investment	NOUN
fbem-13215	113	26	of	of	ADP
fbem-13215	113	27	enterprises	enterprise	NOUN
fbem-13215	113	28	takes	take	VERB
fbem-13215	113	29	the	the	DET
fbem-13215	113	30	natural	natural	ADJ
fbem-13215	113	31	logarithm	logarithm	NOUN
fbem-13215	113	32	explanatory	explanatory	ADJ
fbem-13215	113	33	variable	variable	ADJ
fbem-13215	113	34	environmental	environmental	ADJ
fbem-13215	113	35	regulation	regulation	NOUN
fbem-13215	113	36	eri	eri	PROPN
fbem-13215	113	37	comprehensive	comprehensive	ADJ
fbem-13215	113	38	index	index	NOUN
fbem-13215	113	39	of	of	ADP
fbem-13215	113	40	environmental	environmental	ADJ
fbem-13215	113	41	regulation	regulation	NOUN
fbem-13215	113	42	mediator	mediator	NOUN
fbem-13215	113	43	variable	variable	ADJ
fbem-13215	113	44	financing	financing	NOUN
fbem-13215	113	45	constraints	constraint	NOUN
fbem-13215	113	46	fc	fc	VERB
fbem-13215	113	47	the	the	DET
fbem-13215	113	48	absolute	absolute	ADJ
fbem-13215	113	49	values	value	NOUN
fbem-13215	113	50	of	of	ADP
fbem-13215	113	51	the	the	DET
fbem-13215	113	52	sa	sa	PROPN
fbem-13215	113	53	index	index	NOUN
fbem-13215	113	54	were	be	AUX
fbem-13215	113	55	taken	take	VERB
fbem-13215	113	56	as	as	ADP
fbem-13215	113	57	the	the	DET
fbem-13215	113	58	natural	natural	ADJ
fbem-13215	113	59	log	log	NOUN
fbem-13215	113	60	controlled	control	VERB
fbem-13215	113	61	variable	variable	ADJ
fbem-13215	113	62	profitability	profitability	NOUN
fbem-13215	113	63	roa	roa	PROPN
fbem-13215	113	64	net	net	ADJ
fbem-13215	113	65	profit	profit	NOUN
fbem-13215	113	66	/	/	SYM
fbem-13215	113	67	average	average	ADJ
fbem-13215	113	68	total	total	ADJ
fbem-13215	113	69	assets	asset	NOUN
fbem-13215	113	70	cash	cash	NOUN
fbem-13215	113	71	flow	flow	NOUN
fbem-13215	113	72	cf	cf	NOUN
fbem-13215	113	73	cash	cash	NOUN
fbem-13215	113	74	flow	flow	NOUN
fbem-13215	113	75	from	from	ADP
fbem-13215	113	76	operating	operate	VERB
fbem-13215	113	77	activities	activity	NOUN
fbem-13215	113	78	/	/	SYM
fbem-13215	113	79	total	total	ADJ
fbem-13215	113	80	assets	asset	NOUN
fbem-13215	113	81	at	at	ADP
fbem-13215	113	82	the	the	DET
fbem-13215	113	83	end	end	NOUN
fbem-13215	113	84	of	of	ADP
fbem-13215	113	85	last	last	ADJ
fbem-13215	113	86	period	period	NOUN
fbem-13215	113	87	investment	investment	NOUN
fbem-13215	113	88	opportunity	opportunity	NOUN
fbem-13215	113	89	opp	opp	PROPN
fbem-13215	113	90	tobin	tobin	PROPN
fbem-13215	113	91	’s	’s	PART
fbem-13215	113	92	q	q	PROPN
fbem-13215	113	93	value	value	NOUN
fbem-13215	113	94	,	,	PUNCT
fbem-13215	113	95	namely	namely	ADV
fbem-13215	113	96	:	:	PUNCT
fbem-13215	113	97	the	the	DET
fbem-13215	113	98	market	market	NOUN
fbem-13215	113	99	value	value	NOUN
fbem-13215	113	100	of	of	ADP
fbem-13215	113	101	the	the	DET
fbem-13215	113	102	company	company	NOUN
fbem-13215	113	103	/	/	SYM
fbem-13215	113	104	(	(	PUNCT
fbem-13215	113	105	total	total	ADJ
fbem-13215	113	106	assets	asset	NOUN
fbem-13215	113	107	-	-	PUNCT
fbem-13215	113	108	net	net	ADJ
fbem-13215	113	109	intangible	intangible	ADJ
fbem-13215	113	110	assets	asset	NOUN
fbem-13215	113	111	-	-	PUNCT
fbem-13215	113	112	net	net	ADJ
fbem-13215	113	113	goodwill	goodwill	NOUN
fbem-13215	113	114	)	)	PUNCT
fbem-13215	113	115	company	company	NOUN
fbem-13215	113	116	age	age	NOUN
fbem-13215	113	117	age	age	NOUN
fbem-13215	113	118	the	the	DET
fbem-13215	113	119	length	length	NOUN
fbem-13215	113	120	of	of	ADP
fbem-13215	113	121	time	time	NOUN
fbem-13215	113	122	that	that	PRON
fbem-13215	113	123	the	the	DET
fbem-13215	113	124	company	company	NOUN
fbem-13215	113	125	was	be	AUX
fbem-13215	113	126	founded	found	VERB
fbem-13215	113	127	ownership	ownership	NOUN
fbem-13215	113	128	structure	structure	NOUN
fbem-13215	113	129	ls1	ls1	NOUN
fbem-13215	113	130	proportion	proportion	NOUN
fbem-13215	113	131	of	of	ADP
fbem-13215	113	132	the	the	DET
fbem-13215	113	133	company	company	NOUN
fbem-13215	113	134	's	's	PART
fbem-13215	113	135	largest	large	ADJ
fbem-13215	113	136	shareholder	shareholder	NOUN
fbem-13215	113	137	shareholding	shareholding	NOUN
fbem-13215	113	138	asset	asset	NOUN
fbem-13215	113	139	size	size	NOUN
fbem-13215	113	140	size	size	NOUN
fbem-13215	113	141	ln	ln	NOUN
fbem-13215	113	142	(	(	PUNCT
fbem-13215	113	143	total	total	ADJ
fbem-13215	113	144	assets	asset	NOUN
fbem-13215	113	145	at	at	ADP
fbem-13215	113	146	the	the	DET
fbem-13215	113	147	end	end	NOUN
fbem-13215	113	148	of	of	ADP
fbem-13215	113	149	the	the	DET
fbem-13215	113	150	year	year	NOUN
fbem-13215	113	151	)	)	PUNCT
fbem-13215	113	152	3.3	3.3	NUM
fbem-13215	113	153	.	.	PUNCT
fbem-13215	114	1	empirical	empirical	ADJ
fbem-13215	114	2	model	model	NOUN
fbem-13215	114	3	construction	construction	NOUN
fbem-13215	114	4	to	to	PART
fbem-13215	114	5	test	test	VERB
fbem-13215	114	6	the	the	DET
fbem-13215	114	7	hypothesis	hypothesis	NOUN
fbem-13215	114	8	𝐻1	𝐻1	NOUN
fbem-13215	114	9	and	and	CCONJ
fbem-13215	114	10	𝐻1	𝐻1	PROPN
fbem-13215	114	11	,	,	PUNCT
fbem-13215	114	12	the	the	DET
fbem-13215	114	13	following	follow	VERB
fbem-13215	114	14	model	model	NOUN
fbem-13215	114	15	(	(	PUNCT
fbem-13215	114	16	1	1	X
fbem-13215	114	17	)	)	PUNCT
fbem-13215	114	18	was	be	AUX
fbem-13215	114	19	constructed	construct	VERB
fbem-13215	114	20	:	:	PUNCT
fbem-13215	114	21	𝑅𝐷𝑆	𝑅𝐷𝑆	PROPN
fbem-13215	114	22	𝛼	𝛼	PART
fbem-13215	114	23	𝛼	𝛼	PRON
fbem-13215	114	24	𝐸𝑅𝐼	𝐸𝑅𝐼	NOUN
fbem-13215	114	25	𝛼	𝛼	PRON
fbem-13215	114	26	𝑅𝑂𝐴	𝑅𝑂𝐴	PROPN
fbem-13215	114	27	𝛼	𝛼	PRON
fbem-13215	114	28	𝐶𝐹	𝐶𝐹	PROPN
fbem-13215	114	29	𝛼	𝛼	PROPN
fbem-13215	114	30	𝑂𝑃𝑃	𝑂𝑃𝑃	PROPN
fbem-13215	114	31	𝛼	𝛼	NUM
fbem-13215	114	32	𝐴𝐺𝐸	𝐴𝐺𝐸	PROPN
fbem-13215	114	33	𝛼	𝛼	PROPN
fbem-13215	114	34	𝐿𝑆1	𝐿𝑆1	PROPN
fbem-13215	114	35	𝛼	𝛼	PROPN
fbem-13215	114	36	𝑆𝐼𝑍𝐸	𝑆𝐼𝑍𝐸	PROPN
fbem-13215	114	37	𝜀	𝜀	PROPN
fbem-13215	114	38	(	(	PUNCT
fbem-13215	114	39	1	1	NUM
fbem-13215	114	40	)	)	PUNCT
fbem-13215	114	41	if	if	SCONJ
fbem-13215	114	42	𝛼	𝛼	NOUN
fbem-13215	114	43	0	0	PUNCT
fbem-13215	114	44	is	be	AUX
fbem-13215	114	45	true	true	ADJ
fbem-13215	114	46	and	and	CCONJ
fbem-13215	114	47	significant	significant	ADJ
fbem-13215	114	48	,	,	PUNCT
fbem-13215	114	49	the	the	DET
fbem-13215	114	50	hypothesis	hypothesis	NOUN
fbem-13215	114	51	𝐻1	𝐻1	NOUN
fbem-13215	114	52	holds	hold	VERB
fbem-13215	114	53	;	;	PUNCT
fbem-13215	114	54	if	if	SCONJ
fbem-13215	114	55	𝛼	𝛼	NOUN
fbem-13215	114	56	0	0	VERB
fbem-13215	114	57	is	be	AUX
fbem-13215	114	58	true	true	ADJ
fbem-13215	114	59	and	and	CCONJ
fbem-13215	114	60	significant	significant	ADJ
fbem-13215	114	61	,	,	PUNCT
fbem-13215	114	62	the	the	DET
fbem-13215	114	63	hypothesis	hypothesis	NOUN
fbem-13215	114	64	𝐻1	𝐻1	NOUN
fbem-13215	114	65	holds	hold	VERB
fbem-13215	114	66	.	.	PUNCT
fbem-13215	115	1	to	to	PART
fbem-13215	115	2	test	test	VERB
fbem-13215	115	3	the	the	DET
fbem-13215	115	4	hypothesis	hypothesis	NOUN
fbem-13215	115	5	𝐻2	𝐻2	NOUN
fbem-13215	115	6	,	,	PUNCT
fbem-13215	115	7	the	the	DET
fbem-13215	115	8	following	follow	VERB
fbem-13215	115	9	model	model	NOUN
fbem-13215	115	10	(	(	PUNCT
fbem-13215	115	11	2	2	NUM
fbem-13215	115	12	)	)	PUNCT
fbem-13215	115	13	and	and	CCONJ
fbem-13215	115	14	(	(	PUNCT
fbem-13215	115	15	3	3	X
fbem-13215	115	16	)	)	PUNCT
fbem-13215	115	17	was	be	AUX
fbem-13215	115	18	constructed	construct	VERB
fbem-13215	115	19	:	:	PUNCT
fbem-13215	116	1	𝐸𝑅𝐼	𝐸𝑅𝐼	AUX
fbem-13215	116	2	𝛽	𝛽	NOUN
fbem-13215	116	3	𝛽	𝛽	NOUN
fbem-13215	116	4	𝐹𝐶	𝐹𝐶	PROPN
fbem-13215	116	5	𝛽	𝛽	PROPN
fbem-13215	116	6	𝑅𝑂𝐴	𝑅𝑂𝐴	PROPN
fbem-13215	116	7	𝛽	𝛽	PRON
fbem-13215	116	8	𝐶𝐹	𝐶𝐹	PROPN
fbem-13215	116	9	𝛽	𝛽	PROPN
fbem-13215	116	10	𝑂𝑃𝑃	𝑂𝑃𝑃	PROPN
fbem-13215	116	11	𝛽	𝛽	PROPN
fbem-13215	116	12	𝐴𝐺𝐸	𝐴𝐺𝐸	PROPN
fbem-13215	116	13	𝛽	𝛽	PROPN
fbem-13215	116	14	𝐿𝑆1	𝐿𝑆1	PROPN
fbem-13215	116	15	𝛽	𝛽	PROPN
fbem-13215	116	16	𝑆𝐼𝑍𝐸	𝑆𝐼𝑍𝐸	PROPN
fbem-13215	116	17	𝜀	𝜀	PROPN
fbem-13215	116	18	(	(	PUNCT
fbem-13215	116	19	2	2	NUM
fbem-13215	116	20	)	)	PUNCT
fbem-13215	116	21	𝑅𝐷𝑆	𝑅𝐷𝑆	PROPN
fbem-13215	116	22	𝛿	𝛿	ADJ
fbem-13215	116	23	𝛿	𝛿	ADJ
fbem-13215	116	24	𝐸𝑅𝐼	𝐸𝑅𝐼	NOUN
fbem-13215	116	25	𝛿	𝛿	DET
fbem-13215	116	26	𝐹𝐶	𝐹𝐶	PROPN
fbem-13215	116	27	𝛿	𝛿	ADJ
fbem-13215	116	28	𝑅𝑂𝐴	𝑅𝑂𝐴	PROPN
fbem-13215	116	29	𝛿	𝛿	ADJ
fbem-13215	116	30	𝐶𝐹	𝐶𝐹	PROPN
fbem-13215	116	31	𝛿	𝛿	ADJ
fbem-13215	116	32	𝑂𝑃𝑃	𝑂𝑃𝑃	PROPN
fbem-13215	116	33	𝛿	𝛿	ADJ
fbem-13215	116	34	𝐴𝐺𝐸	𝐴𝐺𝐸	PROPN
fbem-13215	116	35	𝛿	𝛿	ADJ
fbem-13215	116	36	𝐿𝑆1	𝐿𝑆1	PROPN
fbem-13215	116	37	𝛿	𝛿	PRON
fbem-13215	116	38	𝑆𝐼𝑍𝐸	𝑆𝐼𝑍𝐸	PROPN
fbem-13215	116	39	𝜀	𝜀	PROPN
fbem-13215	116	40	(	(	PUNCT
fbem-13215	116	41	3	3	NUM
fbem-13215	116	42	)	)	PUNCT
fbem-13215	116	43	model	model	NOUN
fbem-13215	116	44	(	(	PUNCT
fbem-13215	116	45	1	1	NUM
fbem-13215	116	46	)	)	PUNCT
fbem-13215	116	47	(	(	PUNCT
fbem-13215	116	48	2	2	NUM
fbem-13215	116	49	)	)	PUNCT
fbem-13215	116	50	(	(	PUNCT
fbem-13215	116	51	3	3	X
fbem-13215	116	52	)	)	PUNCT
fbem-13215	116	53	is	be	AUX
fbem-13215	116	54	used	use	VERB
fbem-13215	116	55	to	to	PART
fbem-13215	116	56	test	test	VERB
fbem-13215	116	57	the	the	DET
fbem-13215	116	58	intermediary	intermediary	ADJ
fbem-13215	116	59	effect	effect	NOUN
fbem-13215	116	60	of	of	ADP
fbem-13215	116	61	financing	financing	NOUN
fbem-13215	116	62	constraints	constraint	NOUN
fbem-13215	116	63	.	.	PUNCT
fbem-13215	117	1	the	the	DET
fbem-13215	117	2	specific	specific	ADJ
fbem-13215	117	3	procedures	procedure	NOUN
fbem-13215	117	4	are	be	AUX
fbem-13215	117	5	as	as	SCONJ
fbem-13215	117	6	follows	follow	VERB
fbem-13215	117	7	:	:	PUNCT
fbem-13215	117	8	the	the	DET
fbem-13215	117	9	first	first	ADJ
fbem-13215	117	10	step	step	NOUN
fbem-13215	117	11	is	be	AUX
fbem-13215	117	12	to	to	PART
fbem-13215	117	13	directly	directly	ADV
fbem-13215	117	14	use	use	VERB
fbem-13215	117	15	environmental	environmental	ADJ
fbem-13215	117	16	regulation	regulation	NOUN
fbem-13215	117	17	to	to	PART
fbem-13215	117	18	return	return	VERB
fbem-13215	117	19	to	to	ADP
fbem-13215	117	20	enterprise	enterprise	NOUN
fbem-13215	117	21	innovation	innovation	NOUN
fbem-13215	117	22	and	and	CCONJ
fbem-13215	117	23	test	test	VERB
fbem-13215	117	24	the	the	DET
fbem-13215	117	25	main	main	ADJ
fbem-13215	117	26	effect	effect	NOUN
fbem-13215	117	27	.	.	PUNCT
fbem-13215	118	1	if	if	SCONJ
fbem-13215	118	2	𝛼	𝛼	NOUN
fbem-13215	118	3	is	be	AUX
fbem-13215	118	4	significant	significant	ADJ
fbem-13215	118	5	,	,	PUNCT
fbem-13215	118	6	the	the	DET
fbem-13215	118	7	hypothesis	hypothesis	NOUN
fbem-13215	118	8	𝐻1	𝐻1	NOUN
fbem-13215	118	9	or	or	CCONJ
fbem-13215	118	10	𝐻1	𝐻1	PROPN
fbem-13215	118	11	is	be	AUX
fbem-13215	118	12	true	true	ADJ
fbem-13215	118	13	,	,	PUNCT
fbem-13215	118	14	and	and	CCONJ
fbem-13215	118	15	the	the	DET
fbem-13215	118	16	next	next	ADJ
fbem-13215	118	17	test	test	NOUN
fbem-13215	118	18	can	can	AUX
fbem-13215	118	19	be	be	AUX
fbem-13215	118	20	carried	carry	VERB
fbem-13215	118	21	out	out	ADP
fbem-13215	118	22	,	,	PUNCT
fbem-13215	118	23	in	in	ADP
fbem-13215	118	24	which	which	DET
fbem-13215	118	25	case	case	NOUN
fbem-13215	118	26	𝛼	𝛼	NOUN
fbem-13215	118	27	is	be	AUX
fbem-13215	118	28	the	the	DET
fbem-13215	118	29	total	total	ADJ
fbem-13215	118	30	effect	effect	NOUN
fbem-13215	118	31	of	of	ADP
fbem-13215	118	32	environmental	environmental	ADJ
fbem-13215	118	33	regulation	regulation	NOUN
fbem-13215	118	34	on	on	ADP
fbem-13215	118	35	enterprise	enterprise	NOUN
fbem-13215	118	36	innovation	innovation	NOUN
fbem-13215	118	37	.	.	PUNCT
fbem-13215	119	1	if	if	SCONJ
fbem-13215	119	2	𝛼	𝛼	NOUN
fbem-13215	119	3	is	be	AUX
fbem-13215	119	4	not	not	PART
fbem-13215	119	5	significant	significant	ADJ
fbem-13215	119	6	,	,	PUNCT
fbem-13215	119	7	the	the	DET
fbem-13215	119	8	hypothesis	hypothesis	NOUN
fbem-13215	119	9	𝐻1	𝐻1	NOUN
fbem-13215	119	10	or	or	CCONJ
fbem-13215	119	11	𝐻1	𝐻1	PROPN
fbem-13215	119	12	does	do	AUX
fbem-13215	119	13	n’t	not	PART
fbem-13215	119	14	hold	hold	VERB
fbem-13215	119	15	,	,	PUNCT
fbem-13215	119	16	stop	stop	VERB
fbem-13215	119	17	subsequent	subsequent	ADJ
fbem-13215	119	18	inspection	inspection	NOUN
fbem-13215	119	19	steps	step	NOUN
fbem-13215	119	20	.	.	PUNCT
fbem-13215	120	1	the	the	DET
fbem-13215	120	2	second	second	ADJ
fbem-13215	120	3	step	step	NOUN
fbem-13215	120	4	is	be	AUX
fbem-13215	120	5	to	to	PART
fbem-13215	120	6	use	use	VERB
fbem-13215	120	7	environmental	environmental	ADJ
fbem-13215	120	8	regulations	regulation	NOUN
fbem-13215	120	9	to	to	ADP
fbem-13215	120	10	regress	regress	ADJ
fbem-13215	120	11	financing	financing	NOUN
fbem-13215	120	12	constraints	constraint	NOUN
fbem-13215	120	13	and	and	CCONJ
fbem-13215	120	14	determine	determine	VERB
fbem-13215	120	15	whether	whether	SCONJ
fbem-13215	120	16	the	the	DET
fbem-13215	120	17	𝛽	𝛽	NOUN
fbem-13215	120	18	is	be	AUX
fbem-13215	120	19	significant	significant	ADJ
fbem-13215	120	20	.	.	PUNCT
fbem-13215	121	1	in	in	ADP
fbem-13215	121	2	the	the	DET
fbem-13215	121	3	third	third	ADJ
fbem-13215	121	4	step	step	NOUN
fbem-13215	121	5	,	,	PUNCT
fbem-13215	121	6	environmental	environmental	ADJ
fbem-13215	121	7	regulation	regulation	NOUN
fbem-13215	121	8	and	and	CCONJ
fbem-13215	121	9	financing	financing	NOUN
fbem-13215	121	10	constraints	constraint	NOUN
fbem-13215	121	11	are	be	AUX
fbem-13215	121	12	included	include	VERB
fbem-13215	121	13	in	in	ADP
fbem-13215	121	14	the	the	DET
fbem-13215	121	15	regression	regression	NOUN
fbem-13215	121	16	equation	equation	NOUN
fbem-13215	121	17	as	as	ADP
fbem-13215	121	18	explanatory	explanatory	ADJ
fbem-13215	121	19	variables	variable	NOUN
fbem-13215	121	20	to	to	ADP
fbem-13215	121	21	regress	regress	ADJ
fbem-13215	121	22	enterprise	enterprise	NOUN
fbem-13215	121	23	innovation	innovation	NOUN
fbem-13215	121	24	,	,	PUNCT
fbem-13215	121	25	and	and	CCONJ
fbem-13215	121	26	when	when	SCONJ
fbem-13215	121	27	the	the	DET
fbem-13215	121	28	previous	previous	ADJ
fbem-13215	121	29	step	step	NOUN
fbem-13215	121	30	is	be	AUX
fbem-13215	121	31	considered	consider	VERB
fbem-13215	121	32	,	,	PUNCT
fbem-13215	121	33	when	when	SCONJ
fbem-13215	121	34	𝛽	𝛽	NOUN
fbem-13215	121	35	and	and	CCONJ
fbem-13215	121	36	𝛿	𝛿	PROPN
fbem-13215	121	37	are	be	AUX
fbem-13215	121	38	significant	significant	ADJ
fbem-13215	121	39	and	and	CCONJ
fbem-13215	121	40	𝛿	𝛿	ADJ
fbem-13215	121	41	are	be	AUX
fbem-13215	121	42	not	not	PART
fbem-13215	121	43	significant	significant	ADJ
fbem-13215	121	44	,	,	PUNCT
fbem-13215	121	45	it	it	PRON
fbem-13215	121	46	indicates	indicate	VERB
fbem-13215	121	47	that	that	SCONJ
fbem-13215	121	48	financing	financing	NOUN
fbem-13215	121	49	constraints	constraint	NOUN
fbem-13215	121	50	have	have	VERB
fbem-13215	121	51	a	a	DET
fbem-13215	121	52	complete	complete	ADJ
fbem-13215	121	53	mediating	mediate	VERB
fbem-13215	121	54	effect	effect	NOUN
fbem-13215	121	55	between	between	ADP
fbem-13215	121	56	environmental	environmental	ADJ
fbem-13215	121	57	regulation	regulation	NOUN
fbem-13215	121	58	and	and	CCONJ
fbem-13215	121	59	enterprise	enterprise	NOUN
fbem-13215	121	60	innovation	innovation	NOUN
fbem-13215	121	61	;	;	PUNCT
fbem-13215	121	62	if	if	SCONJ
fbem-13215	121	63	𝛿	𝛿	ADJ
fbem-13215	121	64	is	be	AUX
fbem-13215	121	65	significant	significant	ADJ
fbem-13215	121	66	,	,	PUNCT
fbem-13215	121	67	it	it	PRON
fbem-13215	121	68	means	mean	VERB
fbem-13215	121	69	that	that	SCONJ
fbem-13215	121	70	financing	financing	NOUN
fbem-13215	121	71	constraints	constraint	NOUN
fbem-13215	121	72	play	play	VERB
fbem-13215	121	73	a	a	DET
fbem-13215	121	74	partial	partial	ADJ
fbem-13215	121	75	intermediary	intermediary	ADJ
fbem-13215	121	76	role	role	NOUN
fbem-13215	121	77	;	;	PUNCT
fbem-13215	121	78	if	if	SCONJ
fbem-13215	121	79	at	at	ADV
fbem-13215	121	80	least	least	ADV
fbem-13215	121	81	one	one	NUM
fbem-13215	121	82	of	of	ADP
fbem-13215	121	83	𝛽	𝛽	NOUN
fbem-13215	121	84	and	and	CCONJ
fbem-13215	121	85	𝛿	𝛿	PROPN
fbem-13215	121	86	is	be	AUX
fbem-13215	121	87	not	not	PART
fbem-13215	121	88	significant	significant	ADJ
fbem-13215	121	89	,	,	PUNCT
fbem-13215	121	90	the	the	DET
fbem-13215	121	91	sobel	sobel	NOUN
fbem-13215	121	92	test	test	NOUN
fbem-13215	121	93	is	be	AUX
fbem-13215	121	94	required	require	VERB
fbem-13215	121	95	for	for	ADP
fbem-13215	121	96	the	the	DET
fbem-13215	121	97	next	next	ADJ
fbem-13215	121	98	test	test	NOUN
fbem-13215	121	99	.	.	PUNCT
fbem-13215	122	1	if	if	SCONJ
fbem-13215	122	2	the	the	DET
fbem-13215	122	3	mediation	mediation	NOUN
fbem-13215	122	4	effect	effect	NOUN
fbem-13215	122	5	is	be	AUX
fbem-13215	122	6	tested	test	VERB
fbem-13215	122	7	for	for	ADP
fbem-13215	122	8	existence	existence	NOUN
fbem-13215	122	9	,	,	PUNCT
fbem-13215	122	10	the	the	DET
fbem-13215	122	11	hypothesis	hypothesis	NOUN
fbem-13215	122	12	𝐻2	𝐻2	NOUN
fbem-13215	122	13	holds	hold	VERB
fbem-13215	122	14	.	.	PUNCT
fbem-13215	123	1	4	4	X
fbem-13215	123	2	.	.	NOUN
fbem-13215	123	3	empirical	empirical	ADJ
fbem-13215	123	4	results	result	NOUN
fbem-13215	123	5	and	and	CCONJ
fbem-13215	123	6	analysis	analysis	NOUN
fbem-13215	123	7	4.1	4.1	NUM
fbem-13215	123	8	.	.	PUNCT
fbem-13215	124	1	descriptive	descriptive	ADJ
fbem-13215	124	2	analysis	analysis	NOUN
fbem-13215	124	3	descriptive	descriptive	ADJ
fbem-13215	124	4	statistics	statistic	NOUN
fbem-13215	124	5	for	for	ADP
fbem-13215	124	6	the	the	DET
fbem-13215	124	7	study	study	NOUN
fbem-13215	124	8	variables	variable	NOUN
fbem-13215	124	9	are	be	AUX
fbem-13215	124	10	shown	show	VERB
fbem-13215	124	11	in	in	ADP
fbem-13215	124	12	table	table	NOUN
fbem-13215	124	13	2	2	NUM
fbem-13215	124	14	.	.	PUNCT
fbem-13215	125	1	as	as	SCONJ
fbem-13215	125	2	can	can	AUX
fbem-13215	125	3	be	be	AUX
fbem-13215	125	4	seen	see	VERB
fbem-13215	125	5	from	from	ADP
fbem-13215	125	6	table	table	NOUN
fbem-13215	125	7	2	2	NUM
fbem-13215	125	8	,	,	PUNCT
fbem-13215	125	9	the	the	DET
fbem-13215	125	10	average	average	ADJ
fbem-13215	125	11	value	value	NOUN
fbem-13215	125	12	of	of	ADP
fbem-13215	125	13	the	the	DET
fbem-13215	125	14	natural	natural	ADJ
fbem-13215	125	15	logarithm	logarithm	NOUN
fbem-13215	125	16	of	of	ADP
fbem-13215	125	17	r	r	PROPN
fbem-13215	125	18	&	&	CCONJ
fbem-13215	125	19	d	d	PROPN
fbem-13215	125	20	investment	investment	NOUN
fbem-13215	125	21	is	be	AUX
fbem-13215	125	22	17.95	17.95	NUM
fbem-13215	125	23	,	,	PUNCT
fbem-13215	125	24	about	about	ADV
fbem-13215	125	25	62.46	62.46	NUM
fbem-13215	125	26	million	million	NUM
fbem-13215	125	27	yuan	yuan	NOUN
fbem-13215	125	28	,	,	PUNCT
fbem-13215	125	29	but	but	CCONJ
fbem-13215	125	30	the	the	DET
fbem-13215	125	31	standard	standard	ADJ
fbem-13215	125	32	deviation	deviation	NOUN
fbem-13215	125	33	is	be	AUX
fbem-13215	125	34	1.374	1.374	NUM
fbem-13215	125	35	,	,	PUNCT
fbem-13215	125	36	indicating	indicate	VERB
fbem-13215	125	37	that	that	SCONJ
fbem-13215	125	38	the	the	DET
fbem-13215	125	39	annual	annual	ADJ
fbem-13215	125	40	r	r	NOUN
fbem-13215	125	41	&	&	CCONJ
fbem-13215	125	42	d	d	PROPN
fbem-13215	125	43	investment	investment	NOUN
fbem-13215	125	44	of	of	ADP
fbem-13215	125	45	different	different	ADJ
fbem-13215	125	46	companies	company	NOUN
fbem-13215	125	47	is	be	AUX
fbem-13215	125	48	large	large	ADJ
fbem-13215	125	49	,	,	PUNCT
fbem-13215	125	50	with	with	ADP
fbem-13215	125	51	the	the	DET
fbem-13215	125	52	minimum	minimum	ADJ
fbem-13215	125	53	value	value	NOUN
fbem-13215	125	54	of	of	ADP
fbem-13215	125	55	14.24	14.24	NUM
fbem-13215	125	56	(	(	PUNCT
fbem-13215	125	57	about	about	ADV
fbem-13215	125	58	1.53	1.53	NUM
fbem-13215	125	59	million	million	NUM
fbem-13215	125	60	yuan	yuan	NOUN
fbem-13215	125	61	)	)	PUNCT
fbem-13215	125	62	and	and	CCONJ
fbem-13215	125	63	the	the	DET
fbem-13215	125	64	maximum	maximum	ADJ
fbem-13215	125	65	value	value	NOUN
fbem-13215	125	66	of	of	ADP
fbem-13215	125	67	21.15	21.15	NUM
fbem-13215	125	68	yuan	yuan	NOUN
fbem-13215	125	69	(	(	PUNCT
fbem-13215	125	70	about	about	ADP
fbem-13215	125	71	2.2	2.2	NUM
fbem-13215	125	72	billion	billion	NUM
fbem-13215	125	73	yuan	yuan	NOUN
fbem-13215	125	74	)	)	PUNCT
fbem-13215	125	75	.	.	PUNCT
fbem-13215	126	1	for	for	ADP
fbem-13215	126	2	environmental	environmental	ADJ
fbem-13215	126	3	regulation	regulation	NOUN
fbem-13215	126	4	,	,	PUNCT
fbem-13215	126	5	the	the	DET
fbem-13215	126	6	minimum	minimum	ADJ
fbem-13215	126	7	and	and	CCONJ
fbem-13215	126	8	maximum	maximum	ADJ
fbem-13215	126	9	values	value	NOUN
fbem-13215	126	10	of	of	ADP
fbem-13215	126	11	the	the	DET
fbem-13215	126	12	comprehensive	comprehensive	ADJ
fbem-13215	126	13	index	index	NOUN
fbem-13215	126	14	are	be	AUX
fbem-13215	126	15	0.000301	0.000301	NUM
fbem-13215	126	16	and	and	CCONJ
fbem-13215	126	17	2.585	2.585	NUM
fbem-13215	126	18	respectively	respectively	ADV
fbem-13215	126	19	,	,	PUNCT
fbem-13215	126	20	and	and	CCONJ
fbem-13215	126	21	the	the	DET
fbem-13215	126	22	standard	standard	ADJ
fbem-13215	126	23	deviation	deviation	NOUN
fbem-13215	126	24	is	be	AUX
fbem-13215	126	25	0.650	0.650	NUM
fbem-13215	126	26	,	,	PUNCT
fbem-13215	126	27	indicating	indicate	VERB
fbem-13215	126	28	that	that	SCONJ
fbem-13215	126	29	different	different	ADJ
fbem-13215	126	30	enterprises	enterprise	NOUN
fbem-13215	126	31	in	in	ADP
fbem-13215	126	32	different	different	ADJ
fbem-13215	126	33	provinces	province	NOUN
fbem-13215	126	34	attach	attach	VERB
fbem-13215	126	35	different	different	ADJ
fbem-13215	126	36	importance	importance	NOUN
fbem-13215	126	37	to	to	ADP
fbem-13215	126	38	environmental	environmental	ADJ
fbem-13215	126	39	regulation	regulation	NOUN
fbem-13215	126	40	,	,	PUNCT
fbem-13215	126	41	and	and	CCONJ
fbem-13215	126	42	the	the	DET
fbem-13215	126	43	environmental	environmental	ADJ
fbem-13215	126	44	regulation	regulation	NOUN
fbem-13215	126	45	of	of	ADP
fbem-13215	126	46	the	the	DET
fbem-13215	126	47	sample	sample	NOUN
fbem-13215	126	48	is	be	AUX
fbem-13215	126	49	quite	quite	ADV
fbem-13215	126	50	different	different	ADJ
fbem-13215	126	51	.	.	PUNCT
fbem-13215	127	1	the	the	DET
fbem-13215	127	2	mean	mean	ADJ
fbem-13215	127	3	value	value	NOUN
fbem-13215	127	4	of	of	ADP
fbem-13215	127	5	the	the	DET
fbem-13215	127	6	financing	financing	NOUN
fbem-13215	127	7	constraint	constraint	NOUN
fbem-13215	127	8	index	index	NOUN
fbem-13215	127	9	was	be	AUX
fbem-13215	127	10	1.334	1.334	NUM
fbem-13215	127	11	,	,	PUNCT
fbem-13215	127	12	the	the	DET
fbem-13215	127	13	minimum	minimum	ADJ
fbem-13215	127	14	value	value	NOUN
fbem-13215	127	15	was	be	AUX
fbem-13215	127	16	1.134	1.134	NUM
fbem-13215	127	17	,	,	PUNCT
fbem-13215	127	18	the	the	DET
fbem-13215	127	19	maximum	maximum	ADJ
fbem-13215	127	20	value	value	NOUN
fbem-13215	127	21	was	be	AUX
fbem-13215	127	22	1.469	1.469	NUM
fbem-13215	127	23	,	,	PUNCT
fbem-13215	127	24	and	and	CCONJ
fbem-13215	127	25	the	the	DET
fbem-13215	127	26	standard	standard	ADJ
fbem-13215	127	27	deviation	deviation	NOUN
fbem-13215	127	28	was	be	AUX
fbem-13215	127	29	0.0576	0.0576	NUM
fbem-13215	127	30	,	,	PUNCT
fbem-13215	127	31	indicating	indicate	VERB
fbem-13215	127	32	that	that	SCONJ
fbem-13215	127	33	the	the	DET
fbem-13215	127	34	financing	financing	NOUN
fbem-13215	127	35	constraint	constraint	NOUN
fbem-13215	127	36	generally	generally	ADV
fbem-13215	127	37	existed	exist	VERB
fbem-13215	127	38	in	in	ADP
fbem-13215	127	39	the	the	DET
fbem-13215	127	40	sample	sample	NOUN
fbem-13215	127	41	enterprises	enterprise	NOUN
fbem-13215	127	42	.	.	PUNCT
fbem-13215	128	1	198	198	NUM
fbem-13215	128	2	table	table	NOUN
fbem-13215	128	3	2	2	NUM
fbem-13215	128	4	.	.	PUNCT
fbem-13215	128	5	descriptive	descriptive	ADJ
fbem-13215	128	6	statistics	statistic	NOUN
fbem-13215	128	7	of	of	ADP
fbem-13215	128	8	the	the	DET
fbem-13215	128	9	variables	variables	ADJ
fbem-13215	128	10	variable	variable	ADJ
fbem-13215	128	11	name	name	NOUN
fbem-13215	128	12	sample	sample	NOUN
fbem-13215	128	13	size	size	NOUN
fbem-13215	128	14	mean	mean	NOUN
fbem-13215	128	15	sd	sd	ADP
fbem-13215	128	16	min	min	PROPN
fbem-13215	128	17	max	max	PROPN
fbem-13215	128	18	rds	rd	VERB
fbem-13215	128	19	2,790	2,790	NUM
fbem-13215	128	20	17.95	17.95	NUM
fbem-13215	128	21	1.374	1.374	NUM
fbem-13215	128	22	14.24	14.24	NUM
fbem-13215	128	23	21.50	21.50	NUM
fbem-13215	128	24	eri	eri	NOUN
fbem-13215	128	25	2,790	2,790	NUM
fbem-13215	128	26	0.729	0.729	NUM
fbem-13215	128	27	0.650	0.650	NUM
fbem-13215	128	28	0.000301	0.000301	NUM
fbem-13215	128	29	2.585	2.585	NUM
fbem-13215	128	30	fc	fc	NOUN
fbem-13215	128	31	2,790	2,790	NUM
fbem-13215	128	32	1.334	1.334	NUM
fbem-13215	128	33	0.0576	0.0576	NUM
fbem-13215	128	34	1.134	1.134	NUM
fbem-13215	128	35	1.469	1.469	NUM
fbem-13215	128	36	roa	roa	NOUN
fbem-13215	128	37	2,790	2,790	NUM
fbem-13215	128	38	0.0417	0.0417	NUM
fbem-13215	128	39	0.0560	0.0560	NUM
fbem-13215	128	40	-0.158	-0.158	NOUN
fbem-13215	128	41	0.212	0.212	NUM
fbem-13215	128	42	ls1	ls1	VERB
fbem-13215	128	43	2,790	2,790	NUM
fbem-13215	128	44	35.26	35.26	NUM
fbem-13215	128	45	14.21	14.21	NUM
fbem-13215	128	46	10	10	NUM
fbem-13215	128	47	74.89	74.89	NUM
fbem-13215	128	48	opp	opp	PROPN
fbem-13215	128	49	2,790	2,790	NUM
fbem-13215	128	50	1.976	1.976	NUM
fbem-13215	128	51	1.569	1.569	NUM
fbem-13215	128	52	0.188	0.188	NUM
fbem-13215	128	53	8.441	8.441	NUM
fbem-13215	128	54	cf	cf	NOUN
fbem-13215	128	55	2,790	2,790	NUM
fbem-13215	128	56	0.0666	0.0666	NUM
fbem-13215	128	57	0.0724	0.0724	NUM
fbem-13215	128	58	-0.144	-0.144	PUNCT
fbem-13215	128	59	0.274	0.274	NUM
fbem-13215	128	60	age	age	NOUN
fbem-13215	128	61	2,790	2,790	NUM
fbem-13215	128	62	11.55	11.55	NUM
fbem-13215	128	63	6.095	6.095	NUM
fbem-13215	128	64	2	2	NUM
fbem-13215	128	65	24	24	NUM
fbem-13215	128	66	size	size	NOUN
fbem-13215	128	67	2,790	2,790	NUM
fbem-13215	128	68	22.50	22.50	NUM
fbem-13215	128	69	1.222	1.222	NUM
fbem-13215	128	70	20.41	20.41	NUM
fbem-13215	128	71	26.31	26.31	NUM
fbem-13215	128	72	4.2	4.2	NUM
fbem-13215	128	73	.	.	PUNCT
fbem-13215	129	1	multiple	multiple	ADJ
fbem-13215	129	2	regression	regression	NOUN
fbem-13215	129	3	analysis	analysis	NOUN
fbem-13215	129	4	the	the	DET
fbem-13215	129	5	regression	regression	NOUN
fbem-13215	129	6	results	result	NOUN
fbem-13215	129	7	of	of	ADP
fbem-13215	129	8	this	this	DET
fbem-13215	129	9	model	model	NOUN
fbem-13215	129	10	are	be	AUX
fbem-13215	129	11	as	as	SCONJ
fbem-13215	129	12	follows	follow	VERB
fbem-13215	129	13	:	:	PUNCT
fbem-13215	130	1	4.2.1	4.2.1	NUM
fbem-13215	130	2	.	.	PUNCT
fbem-13215	131	1	regression	regression	VERB
fbem-13215	131	2	analysis	analysis	NOUN
fbem-13215	131	3	of	of	ADP
fbem-13215	131	4	environmental	environmental	ADJ
fbem-13215	131	5	regulation	regulation	NOUN
fbem-13215	131	6	on	on	ADP
fbem-13215	131	7	enterprise	enterprise	NOUN
fbem-13215	131	8	innovation	innovation	NOUN
fbem-13215	131	9	the	the	DET
fbem-13215	131	10	regression	regression	NOUN
fbem-13215	131	11	results	result	NOUN
fbem-13215	131	12	of	of	ADP
fbem-13215	131	13	model	model	NOUN
fbem-13215	131	14	(	(	PUNCT
fbem-13215	131	15	1	1	X
fbem-13215	131	16	)	)	PUNCT
fbem-13215	131	17	are	be	AUX
fbem-13215	131	18	shown	show	VERB
fbem-13215	131	19	in	in	ADP
fbem-13215	131	20	table	table	NOUN
fbem-13215	131	21	3	3	NUM
fbem-13215	131	22	.	.	PUNCT
fbem-13215	132	1	the	the	DET
fbem-13215	132	2	coefficient	coefficient	NOUN
fbem-13215	132	3	of	of	ADP
fbem-13215	132	4	the	the	DET
fbem-13215	132	5	environmental	environmental	ADJ
fbem-13215	132	6	regulation	regulation	NOUN
fbem-13215	132	7	composite	composite	ADJ
fbem-13215	132	8	index	index	NOUN
fbem-13215	132	9	is	be	AUX
fbem-13215	132	10	0.126	0.126	NUM
fbem-13215	132	11	,	,	PUNCT
fbem-13215	132	12	which	which	PRON
fbem-13215	132	13	is	be	AUX
fbem-13215	132	14	significant	significant	ADJ
fbem-13215	132	15	at	at	ADP
fbem-13215	132	16	the	the	DET
fbem-13215	132	17	confidence	confidence	NOUN
fbem-13215	132	18	level	level	NOUN
fbem-13215	132	19	of	of	ADP
fbem-13215	132	20	1	1	NUM
fbem-13215	132	21	%	%	NOUN
fbem-13215	132	22	,	,	PUNCT
fbem-13215	132	23	indicating	indicate	VERB
fbem-13215	132	24	that	that	SCONJ
fbem-13215	132	25	the	the	PRON
fbem-13215	132	26	larger	large	ADJ
fbem-13215	132	27	the	the	DET
fbem-13215	132	28	environmental	environmental	ADJ
fbem-13215	132	29	regulation	regulation	NOUN
fbem-13215	132	30	composite	composite	ADJ
fbem-13215	132	31	index	index	NOUN
fbem-13215	132	32	,	,	PUNCT
fbem-13215	132	33	the	the	PRON
fbem-13215	132	34	smaller	small	ADJ
fbem-13215	132	35	the	the	DET
fbem-13215	132	36	environmental	environmental	ADJ
fbem-13215	132	37	regulation	regulation	NOUN
fbem-13215	132	38	strength	strength	NOUN
fbem-13215	132	39	,	,	PUNCT
fbem-13215	132	40	the	the	DET
fbem-13215	132	41	more	more	ADJ
fbem-13215	132	42	enterprise	enterprise	NOUN
fbem-13215	132	43	r&d	r&d	NOUN
fbem-13215	132	44	investment	investment	NOUN
fbem-13215	132	45	,	,	PUNCT
fbem-13215	132	46	and	and	CCONJ
fbem-13215	132	47	the	the	DET
fbem-13215	132	48	negative	negative	ADJ
fbem-13215	132	49	correlation	correlation	NOUN
fbem-13215	132	50	between	between	ADP
fbem-13215	132	51	environmental	environmental	ADJ
fbem-13215	132	52	regulation	regulation	NOUN
fbem-13215	132	53	and	and	CCONJ
fbem-13215	132	54	enterprise	enterprise	NOUN
fbem-13215	132	55	innovation	innovation	NOUN
fbem-13215	132	56	,	,	PUNCT
fbem-13215	132	57	which	which	PRON
fbem-13215	132	58	confirms	confirm	VERB
fbem-13215	132	59	that	that	SCONJ
fbem-13215	132	60	the	the	DET
fbem-13215	132	61	𝐻1	𝐻1	NOUN
fbem-13215	132	62	is	be	AUX
fbem-13215	132	63	true	true	ADJ
fbem-13215	132	64	and	and	CCONJ
fbem-13215	132	65	the	the	DET
fbem-13215	132	66	𝐻1	𝐻1	NOUN
fbem-13215	132	67	is	be	AUX
fbem-13215	132	68	not	not	PART
fbem-13215	132	69	established	establish	VERB
fbem-13215	132	70	.	.	PUNCT
fbem-13215	133	1	the	the	DET
fbem-13215	133	2	possible	possible	ADJ
fbem-13215	133	3	reason	reason	NOUN
fbem-13215	133	4	may	may	AUX
fbem-13215	133	5	be	be	AUX
fbem-13215	133	6	that	that	PRON
fbem-13215	133	7	for	for	ADP
fbem-13215	133	8	heavily	heavily	ADV
fbem-13215	133	9	polluting	pollute	VERB
fbem-13215	133	10	enterprises	enterprise	NOUN
fbem-13215	133	11	,	,	PUNCT
fbem-13215	133	12	when	when	SCONJ
fbem-13215	133	13	the	the	DET
fbem-13215	133	14	force	force	NOUN
fbem-13215	133	15	of	of	ADP
fbem-13215	133	16	environmental	environmental	ADJ
fbem-13215	133	17	regulation	regulation	NOUN
fbem-13215	133	18	is	be	AUX
fbem-13215	133	19	too	too	ADV
fbem-13215	133	20	great	great	ADJ
fbem-13215	133	21	,	,	PUNCT
fbem-13215	133	22	the	the	DET
fbem-13215	133	23	pressure	pressure	NOUN
fbem-13215	133	24	from	from	ADP
fbem-13215	133	25	the	the	DET
fbem-13215	133	26	government	government	NOUN
fbem-13215	133	27	's	's	PART
fbem-13215	133	28	policies	policy	NOUN
fbem-13215	133	29	related	relate	VERB
fbem-13215	133	30	to	to	ADP
fbem-13215	133	31	environmental	environmental	ADJ
fbem-13215	133	32	pollution	pollution	NOUN
fbem-13215	133	33	control	control	NOUN
fbem-13215	133	34	makes	make	VERB
fbem-13215	133	35	the	the	DET
fbem-13215	133	36	pollution	pollution	NOUN
fbem-13215	133	37	control	control	NOUN
fbem-13215	133	38	expenses	expense	NOUN
fbem-13215	133	39	incurred	incur	VERB
fbem-13215	133	40	by	by	ADP
fbem-13215	133	41	enterprises	enterprise	NOUN
fbem-13215	133	42	to	to	PART
fbem-13215	133	43	avoid	avoid	VERB
fbem-13215	133	44	political	political	ADJ
fbem-13215	133	45	costs	cost	NOUN
fbem-13215	133	46	crowd	crowd	VERB
fbem-13215	133	47	out	out	ADP
fbem-13215	133	48	r&d	r&d	NOUN
fbem-13215	133	49	investment	investment	NOUN
fbem-13215	133	50	funds	fund	NOUN
fbem-13215	133	51	to	to	ADP
fbem-13215	133	52	a	a	DET
fbem-13215	133	53	certain	certain	ADJ
fbem-13215	133	54	extent	extent	NOUN
fbem-13215	133	55	,	,	PUNCT
fbem-13215	133	56	reduce	reduce	VERB
fbem-13215	133	57	the	the	DET
fbem-13215	133	58	intensity	intensity	NOUN
fbem-13215	133	59	of	of	ADP
fbem-13215	133	60	r&d	r&d	NOUN
fbem-13215	133	61	investment	investment	NOUN
fbem-13215	133	62	,	,	PUNCT
fbem-13215	133	63	so	so	SCONJ
fbem-13215	133	64	that	that	SCONJ
fbem-13215	133	65	there	there	PRON
fbem-13215	133	66	is	be	VERB
fbem-13215	133	67	a	a	DET
fbem-13215	133	68	significant	significant	ADJ
fbem-13215	133	69	negative	negative	ADJ
fbem-13215	133	70	correlation	correlation	NOUN
fbem-13215	133	71	between	between	ADP
fbem-13215	133	72	environmental	environmental	ADJ
fbem-13215	133	73	regulation	regulation	NOUN
fbem-13215	133	74	and	and	CCONJ
fbem-13215	133	75	enterprise	enterprise	NOUN
fbem-13215	133	76	innovation	innovation	NOUN
fbem-13215	133	77	.	.	PUNCT
fbem-13215	134	1	table	table	NOUN
fbem-13215	134	2	3	3	NUM
fbem-13215	134	3	.	.	PUNCT
fbem-13215	135	1	regression	regression	NOUN
fbem-13215	135	2	results	result	NOUN
fbem-13215	135	3	of	of	ADP
fbem-13215	135	4	model	model	NOUN
fbem-13215	135	5	(	(	PUNCT
fbem-13215	135	6	1	1	NUM
fbem-13215	135	7	)	)	PUNCT
fbem-13215	135	8	model	model	NOUN
fbem-13215	135	9	(	(	PUNCT
fbem-13215	135	10	1	1	X
fbem-13215	135	11	)	)	PUNCT
fbem-13215	135	12	variables	variable	NOUN
fbem-13215	135	13	rds	rds	ADP
fbem-13215	135	14	eri	eri	PROPN
fbem-13215	135	15	0.126	0.126	NUM
fbem-13215	135	16	*	*	PUNCT
fbem-13215	135	17	*	*	PUNCT
fbem-13215	135	18	*	*	PUNCT
fbem-13215	135	19	(	(	PUNCT
fbem-13215	135	20	3.811	3.811	NUM
fbem-13215	135	21	)	)	PUNCT
fbem-13215	135	22	roa	roa	NOUN
fbem-13215	135	23	3.190	3.190	NUM
fbem-13215	135	24	*	*	PUNCT
fbem-13215	135	25	*	*	PUNCT
fbem-13215	135	26	*	*	PUNCT
fbem-13215	135	27	(	(	PUNCT
fbem-13215	135	28	6.805	6.805	NUM
fbem-13215	135	29	)	)	PUNCT
fbem-13215	135	30	ls1	ls1	NOUN
fbem-13215	135	31	-0.00441	-0.00441	NOUN
fbem-13215	135	32	*	*	PUNCT
fbem-13215	136	1	*	*	PUNCT
fbem-13215	136	2	*	*	PUNCT
fbem-13215	136	3	(	(	PUNCT
fbem-13215	136	4	-2.749	-2.749	NOUN
fbem-13215	136	5	)	)	PUNCT
fbem-13215	136	6	opp	opp	INTJ
fbem-13215	136	7	-0.0225	-0.0225	PUNCT
fbem-13215	137	1	(	(	PUNCT
fbem-13215	137	2	-1.299	-1.299	NOUN
fbem-13215	137	3	)	)	PUNCT
fbem-13215	137	4	cf	cf	NOUN
fbem-13215	137	5	0.721	0.721	NUM
fbem-13215	138	1	*	*	PUNCT
fbem-13215	138	2	*	*	PUNCT
fbem-13215	138	3	(	(	PUNCT
fbem-13215	138	4	2.089	2.089	NUM
fbem-13215	138	5	)	)	PUNCT
fbem-13215	138	6	age	age	NOUN
fbem-13215	138	7	-0.0232	-0.0232	NOUN
fbem-13215	138	8	*	*	PUNCT
fbem-13215	138	9	*	*	PUNCT
fbem-13215	138	10	*	*	PUNCT
fbem-13215	138	11	(	(	PUNCT
fbem-13215	138	12	-6.208	-6.208	NOUN
fbem-13215	138	13	)	)	PUNCT
fbem-13215	138	14	size	size	NOUN
fbem-13215	138	15	0.668	0.668	NUM
fbem-13215	138	16	*	*	PUNCT
fbem-13215	138	17	*	*	PUNCT
fbem-13215	138	18	*	*	PUNCT
fbem-13215	138	19	(	(	PUNCT
fbem-13215	138	20	29.35	29.35	NUM
fbem-13215	138	21	)	)	PUNCT
fbem-13215	138	22	constant	constant	ADJ
fbem-13215	138	23	3.118	3.118	NUM
fbem-13215	138	24	*	*	NOUN
fbem-13215	138	25	*	*	PUNCT
fbem-13215	138	26	*	*	PUNCT
fbem-13215	138	27	(	(	PUNCT
fbem-13215	138	28	6.190	6.190	NUM
fbem-13215	138	29	)	)	PUNCT
fbem-13215	138	30	observations	observation	NOUN
fbem-13215	138	31	2,790	2,790	NUM
fbem-13215	138	32	r	r	NOUN
fbem-13215	138	33	-	-	PUNCT
fbem-13215	138	34	squared	square	VERB
fbem-13215	138	35	0.347	0.347	NUM
fbem-13215	138	36	note	note	NOUN
fbem-13215	138	37	:	:	PUNCT
fbem-13215	138	38	*	*	PUNCT
fbem-13215	138	39	*	*	PUNCT
fbem-13215	138	40	*	*	PUNCT
fbem-13215	138	41	p	p	X
fbem-13215	138	42	<	<	X
fbem-13215	138	43	0.01	0.01	NUM
fbem-13215	138	44	,	,	PUNCT
fbem-13215	138	45	*	*	PUNCT
fbem-13215	138	46	*	*	PUNCT
fbem-13215	138	47	p	p	X
fbem-13215	138	48	<	<	X
fbem-13215	138	49	0.05	0.05	NUM
fbem-13215	138	50	,	,	PUNCT
fbem-13215	138	51	*	*	PUNCT
fbem-13215	139	1	p	p	X
fbem-13215	139	2	<	<	X
fbem-13215	139	3	0.1	0.1	NUM
fbem-13215	139	4	;	;	PUNCT
fbem-13215	139	5	t	t	NOUN
fbem-13215	139	6	value	value	NOUN
fbem-13215	139	7	is	be	AUX
fbem-13215	139	8	given	give	VERB
fbem-13215	139	9	in	in	ADP
fbem-13215	139	10	parentheses	parenthesis	NOUN
fbem-13215	139	11	.	.	PUNCT
fbem-13215	140	1	4.2.2	4.2.2	X
fbem-13215	140	2	.	.	PUNCT
fbem-13215	141	1	regression	regression	VERB
fbem-13215	141	2	analysis	analysis	NOUN
fbem-13215	141	3	of	of	ADP
fbem-13215	141	4	the	the	DET
fbem-13215	141	5	mediation	mediation	NOUN
fbem-13215	141	6	effects	effect	NOUN
fbem-13215	141	7	of	of	ADP
fbem-13215	141	8	financing	financing	NOUN
fbem-13215	141	9	constraints	constraint	NOUN
fbem-13215	141	10	table	table	NOUN
fbem-13215	141	11	3	3	NUM
fbem-13215	141	12	shows	show	VERB
fbem-13215	141	13	that	that	SCONJ
fbem-13215	141	14	the	the	DET
fbem-13215	141	15	coefficient	coefficient	NOUN
fbem-13215	141	16	of	of	ADP
fbem-13215	141	17	the	the	DET
fbem-13215	141	18	environmental	environmental	ADJ
fbem-13215	141	19	regulation	regulation	NOUN
fbem-13215	141	20	composite	composite	ADJ
fbem-13215	141	21	index	index	NOUN
fbem-13215	141	22	is	be	AUX
fbem-13215	141	23	significantly	significantly	ADV
fbem-13215	141	24	positive	positive	ADJ
fbem-13215	141	25	at	at	ADP
fbem-13215	141	26	the	the	DET
fbem-13215	141	27	confidence	confidence	NOUN
fbem-13215	141	28	level	level	NOUN
fbem-13215	141	29	of	of	ADP
fbem-13215	141	30	1	1	NUM
fbem-13215	141	31	%	%	NOUN
fbem-13215	141	32	(	(	PUNCT
fbem-13215	141	33	𝛼	𝛼	NOUN
fbem-13215	141	34	0.126，𝑝	0.126，𝑝	NUM
fbem-13215	141	35	0.01	0.01	NUM
fbem-13215	141	36	)	)	PUNCT
fbem-13215	141	37	,	,	PUNCT
fbem-13215	141	38	indicating	indicate	VERB
fbem-13215	141	39	that	that	SCONJ
fbem-13215	141	40	the	the	DET
fbem-13215	141	41	main	main	ADJ
fbem-13215	141	42	effect	effect	NOUN
fbem-13215	141	43	is	be	AUX
fbem-13215	141	44	significant	significant	ADJ
fbem-13215	141	45	.	.	PUNCT
fbem-13215	142	1	the	the	DET
fbem-13215	142	2	regression	regression	NOUN
fbem-13215	142	3	results	result	VERB
fbem-13215	142	4	for	for	ADP
fbem-13215	142	5	model	model	NOUN
fbem-13215	142	6	(	(	PUNCT
fbem-13215	142	7	2	2	NUM
fbem-13215	142	8	)	)	PUNCT
fbem-13215	142	9	and	and	CCONJ
fbem-13215	142	10	model	model	NOUN
fbem-13215	142	11	(	(	PUNCT
fbem-13215	142	12	3	3	X
fbem-13215	142	13	)	)	PUNCT
fbem-13215	142	14	are	be	AUX
fbem-13215	142	15	shown	show	VERB
fbem-13215	142	16	in	in	ADP
fbem-13215	142	17	table	table	NOUN
fbem-13215	142	18	4	4	NUM
fbem-13215	142	19	.	.	PUNCT
fbem-13215	143	1	when	when	SCONJ
fbem-13215	143	2	the	the	DET
fbem-13215	143	3	financing	financing	NOUN
fbem-13215	143	4	constraint	constraint	NOUN
fbem-13215	143	5	is	be	AUX
fbem-13215	143	6	regressed	regress	VERB
fbem-13215	143	7	by	by	ADP
fbem-13215	143	8	environmental	environmental	ADJ
fbem-13215	143	9	regulation	regulation	NOUN
fbem-13215	143	10	,	,	PUNCT
fbem-13215	143	11	the	the	DET
fbem-13215	143	12	coefficient	coefficient	NOUN
fbem-13215	143	13	of	of	ADP
fbem-13215	143	14	the	the	DET
fbem-13215	143	15	comprehensive	comprehensive	ADJ
fbem-13215	143	16	index	index	NOUN
fbem-13215	143	17	of	of	ADP
fbem-13215	143	18	environmental	environmental	ADJ
fbem-13215	143	19	regulation	regulation	NOUN
fbem-13215	143	20	is	be	AUX
fbem-13215	143	21	significantly	significantly	ADV
fbem-13215	143	22	positive	positive	ADJ
fbem-13215	143	23	(	(	PUNCT
fbem-13215	143	24	𝛽	𝛽	NOUN
fbem-13215	143	25	0.00265，𝑝	0.00265，𝑝	NOUN
fbem-13215	143	26	0.1	0.1	NUM
fbem-13215	143	27	)	)	PUNCT
fbem-13215	143	28	,	,	PUNCT
fbem-13215	143	29	indicating	indicate	VERB
fbem-13215	143	30	that	that	SCONJ
fbem-13215	143	31	the	the	PRON
fbem-13215	143	32	larger	large	ADJ
fbem-13215	143	33	the	the	DET
fbem-13215	143	34	comprehensive	comprehensive	ADJ
fbem-13215	143	35	index	index	NOUN
fbem-13215	143	36	of	of	ADP
fbem-13215	143	37	environmental	environmental	ADJ
fbem-13215	143	38	regulation	regulation	NOUN
fbem-13215	143	39	,	,	PUNCT
fbem-13215	143	40	the	the	PRON
fbem-13215	143	41	lower	low	ADJ
fbem-13215	143	42	the	the	DET
fbem-13215	143	43	intensity	intensity	NOUN
fbem-13215	143	44	of	of	ADP
fbem-13215	143	45	environmental	environmental	ADJ
fbem-13215	143	46	regulation	regulation	NOUN
fbem-13215	143	47	,	,	PUNCT
fbem-13215	143	48	the	the	PRON
fbem-13215	143	49	larger	large	ADJ
fbem-13215	143	50	the	the	DET
fbem-13215	143	51	financing	financing	NOUN
fbem-13215	143	52	constraint	constraint	NOUN
fbem-13215	143	53	index	index	NOUN
fbem-13215	143	54	fc	fc	PROPN
fbem-13215	143	55	,	,	PUNCT
fbem-13215	143	56	the	the	PRON
fbem-13215	143	57	lower	low	ADJ
fbem-13215	143	58	the	the	DET
fbem-13215	143	59	level	level	NOUN
fbem-13215	143	60	of	of	ADP
fbem-13215	143	61	financing	financing	NOUN
fbem-13215	143	62	constraint	constraint	NOUN
fbem-13215	143	63	,	,	PUNCT
fbem-13215	143	64	and	and	CCONJ
fbem-13215	143	65	there	there	PRON
fbem-13215	143	66	is	be	VERB
fbem-13215	143	67	a	a	DET
fbem-13215	143	68	significant	significant	ADJ
fbem-13215	143	69	positive	positive	ADJ
fbem-13215	143	70	correlation	correlation	NOUN
fbem-13215	143	71	between	between	ADP
fbem-13215	143	72	the	the	DET
fbem-13215	143	73	intensity	intensity	NOUN
fbem-13215	143	74	of	of	ADP
fbem-13215	143	75	environmental	environmental	ADJ
fbem-13215	143	76	regulation	regulation	NOUN
fbem-13215	143	77	and	and	CCONJ
fbem-13215	143	78	the	the	DET
fbem-13215	143	79	level	level	NOUN
fbem-13215	143	80	of	of	ADP
fbem-13215	143	81	financing	financing	NOUN
fbem-13215	143	82	constraint	constraint	NOUN
fbem-13215	143	83	.	.	PUNCT
fbem-13215	144	1	when	when	SCONJ
fbem-13215	144	2	environmental	environmental	ADJ
fbem-13215	144	3	regulation	regulation	NOUN
fbem-13215	144	4	and	and	CCONJ
fbem-13215	144	5	financing	financing	NOUN
fbem-13215	144	6	constraints	constraint	NOUN
fbem-13215	144	7	are	be	AUX
fbem-13215	144	8	added	add	VERB
fbem-13215	144	9	to	to	ADP
fbem-13215	144	10	the	the	DET
fbem-13215	144	11	regression	regression	NOUN
fbem-13215	144	12	equation	equation	NOUN
fbem-13215	144	13	to	to	ADP
fbem-13215	144	14	regress	regress	NOUN
fbem-13215	144	15	to	to	ADP
fbem-13215	144	16	enterprise	enterprise	NOUN
fbem-13215	144	17	innovation	innovation	NOUN
fbem-13215	144	18	,	,	PUNCT
fbem-13215	144	19	the	the	DET
fbem-13215	144	20	coefficient	coefficient	NOUN
fbem-13215	144	21	of	of	ADP
fbem-13215	144	22	the	the	DET
fbem-13215	144	23	financing	financing	NOUN
fbem-13215	144	24	constraint	constraint	NOUN
fbem-13215	144	25	index	index	NOUN
fbem-13215	144	26	is	be	AUX
fbem-13215	144	27	significantly	significantly	ADV
fbem-13215	144	28	positive	positive	ADJ
fbem-13215	144	29	(	(	PUNCT
fbem-13215	144	30	𝛿	𝛿	PRON
fbem-13215	144	31	1.403，𝑝	1.403，𝑝	NUM
fbem-13215	144	32	0.01	0.01	NUM
fbem-13215	144	33	)	)	PUNCT
fbem-13215	144	34	,	,	PUNCT
fbem-13215	144	35	indicating	indicate	VERB
fbem-13215	144	36	that	that	SCONJ
fbem-13215	144	37	the	the	DET
fbem-13215	144	38	indirect	indirect	ADJ
fbem-13215	144	39	effect	effect	NOUN
fbem-13215	144	40	is	be	AUX
fbem-13215	144	41	significant	significant	ADJ
fbem-13215	144	42	,	,	PUNCT
fbem-13215	144	43	the	the	PRON
fbem-13215	144	44	larger	large	ADJ
fbem-13215	144	45	the	the	DET
fbem-13215	144	46	financing	financing	NOUN
fbem-13215	144	47	constraint	constraint	NOUN
fbem-13215	144	48	index	index	NOUN
fbem-13215	144	49	fc	fc	PROPN
fbem-13215	144	50	,	,	PUNCT
fbem-13215	144	51	the	the	PRON
fbem-13215	144	52	lower	low	ADJ
fbem-13215	144	53	the	the	DET
fbem-13215	144	54	level	level	NOUN
fbem-13215	144	55	of	of	ADP
fbem-13215	144	56	financing	financing	NOUN
fbem-13215	144	57	constraint	constraint	NOUN
fbem-13215	144	58	,	,	PUNCT
fbem-13215	144	59	the	the	PRON
fbem-13215	144	60	greater	great	ADJ
fbem-13215	144	61	the	the	DET
fbem-13215	144	62	r&d	r&d	NOUN
fbem-13215	144	63	investment	investment	NOUN
fbem-13215	144	64	expenditure	expenditure	NOUN
fbem-13215	144	65	of	of	ADP
fbem-13215	144	66	enterprises	enterprise	NOUN
fbem-13215	144	67	,	,	PUNCT
fbem-13215	144	68	and	and	CCONJ
fbem-13215	144	69	the	the	DET
fbem-13215	144	70	level	level	NOUN
fbem-13215	144	71	of	of	ADP
fbem-13215	144	72	financing	financing	NOUN
fbem-13215	144	73	constraint	constraint	NOUN
fbem-13215	144	74	and	and	CCONJ
fbem-13215	144	75	enterprise	enterprise	NOUN
fbem-13215	144	76	innovation	innovation	NOUN
fbem-13215	144	77	are	be	AUX
fbem-13215	144	78	significantly	significantly	ADV
fbem-13215	144	79	negatively	negatively	ADV
fbem-13215	144	80	correlated	correlate	VERB
fbem-13215	144	81	.	.	PUNCT
fbem-13215	145	1	if	if	SCONJ
fbem-13215	145	2	the	the	DET
fbem-13215	145	3	coefficient	coefficient	NOUN
fbem-13215	145	4	of	of	ADP
fbem-13215	145	5	the	the	DET
fbem-13215	145	6	environmental	environmental	ADJ
fbem-13215	145	7	regulation	regulation	NOUN
fbem-13215	145	8	composite	composite	ADJ
fbem-13215	145	9	index	index	NOUN
fbem-13215	145	10	is	be	AUX
fbem-13215	145	11	significantly	significantly	ADV
fbem-13215	145	12	positive	positive	ADJ
fbem-13215	145	13	(	(	PUNCT
fbem-13215	145	14	𝛿	𝛿	PRON
fbem-13215	145	15	0.122，𝑝	0.122，𝑝	NOUN
fbem-13215	145	16	0.01	0.01	NUM
fbem-13215	145	17	)	)	PUNCT
fbem-13215	145	18	,	,	PUNCT
fbem-13215	145	19	then	then	ADV
fbem-13215	145	20	financing	financing	NOUN
fbem-13215	145	21	constraints	constraint	NOUN
fbem-13215	145	22	have	have	VERB
fbem-13215	145	23	some	some	DET
fbem-13215	145	24	mediating	mediate	VERB
fbem-13215	145	25	effects	effect	NOUN
fbem-13215	145	26	in	in	ADP
fbem-13215	145	27	the	the	DET
fbem-13215	145	28	relationship	relationship	NOUN
fbem-13215	145	29	between	between	ADP
fbem-13215	145	30	environmental	environmental	ADJ
fbem-13215	145	31	regulation	regulation	NOUN
fbem-13215	145	32	and	and	CCONJ
fbem-13215	145	33	enterprise	enterprise	NOUN
fbem-13215	145	34	innovation	innovation	NOUN
fbem-13215	145	35	,	,	PUNCT
fbem-13215	145	36	so	so	CCONJ
fbem-13215	145	37	it	it	PRON
fbem-13215	145	38	is	be	AUX
fbem-13215	145	39	assumed	assume	VERB
fbem-13215	145	40	that	that	SCONJ
fbem-13215	145	41	𝐻2	𝐻2	PROPN
fbem-13215	145	42	is	be	AUX
fbem-13215	145	43	true	true	ADJ
fbem-13215	145	44	.	.	PUNCT
fbem-13215	146	1	table	table	NOUN
fbem-13215	146	2	4	4	NUM
fbem-13215	146	3	.	.	PUNCT
fbem-13215	147	1	regression	regression	NOUN
fbem-13215	147	2	results	result	NOUN
fbem-13215	147	3	of	of	ADP
fbem-13215	147	4	model	model	NOUN
fbem-13215	147	5	(	(	PUNCT
fbem-13215	147	6	2	2	NUM
fbem-13215	147	7	)	)	PUNCT
fbem-13215	147	8	and	and	CCONJ
fbem-13215	147	9	model	model	NOUN
fbem-13215	147	10	(	(	PUNCT
fbem-13215	147	11	3	3	NUM
fbem-13215	147	12	)	)	PUNCT
fbem-13215	147	13	model	model	NOUN
fbem-13215	147	14	(	(	PUNCT
fbem-13215	147	15	2	2	NUM
fbem-13215	147	16	)	)	PUNCT
fbem-13215	147	17	model	model	NOUN
fbem-13215	147	18	(	(	PUNCT
fbem-13215	147	19	3	3	X
fbem-13215	147	20	)	)	PUNCT
fbem-13215	147	21	variables	variable	NOUN
fbem-13215	147	22	fc	fc	PROPN
fbem-13215	147	23	rds	rds	PROPN
fbem-13215	147	24	eri	eri	PROPN
fbem-13215	147	25	0.00265	0.00265	NUM
fbem-13215	147	26	*	*	PUNCT
fbem-13215	147	27	0.122	0.122	NUM
fbem-13215	147	28	*	*	PUNCT
fbem-13215	147	29	*	*	PUNCT
fbem-13215	147	30	*	*	PUNCT
fbem-13215	147	31	(	(	PUNCT
fbem-13215	147	32	1.959	1.959	NUM
fbem-13215	147	33	)	)	PUNCT
fbem-13215	147	34	(	(	PUNCT
fbem-13215	147	35	3.701	3.701	NUM
fbem-13215	147	36	)	)	PUNCT
fbem-13215	147	37	fc	fc	PROPN
fbem-13215	147	38	1.403	1.403	NUM
fbem-13215	147	39	*	*	PUNCT
fbem-13215	147	40	*	*	PUNCT
fbem-13215	147	41	*	*	PUNCT
fbem-13215	147	42	(	(	PUNCT
fbem-13215	147	43	3.031	3.031	NUM
fbem-13215	147	44	)	)	PUNCT
fbem-13215	147	45	roa	roa	NOUN
fbem-13215	147	46	0.0984	0.0984	NUM
fbem-13215	147	47	*	*	PUNCT
fbem-13215	147	48	*	*	PUNCT
fbem-13215	147	49	*	*	PUNCT
fbem-13215	147	50	3.052	3.052	NUM
fbem-13215	147	51	*	*	PUNCT
fbem-13215	147	52	*	*	PUNCT
fbem-13215	147	53	*	*	PUNCT
fbem-13215	147	54	(	(	PUNCT
fbem-13215	147	55	5.134	5.134	NUM
fbem-13215	147	56	)	)	PUNCT
fbem-13215	147	57	(	(	PUNCT
fbem-13215	147	58	6.489	6.489	NOUN
fbem-13215	147	59	)	)	PUNCT
fbem-13215	147	60	ls1	ls1	VERB
fbem-13215	147	61	-0.000560	-0.000560	NOUN
fbem-13215	147	62	*	*	PUNCT
fbem-13215	147	63	*	*	PUNCT
fbem-13215	147	64	*	*	NOUN
fbem-13215	147	65	-0.00363	-0.00363	NOUN
fbem-13215	147	66	*	*	PUNCT
fbem-13215	147	67	*	*	PUNCT
fbem-13215	147	68	(	(	PUNCT
fbem-13215	147	69	-8.523	-8.523	NOUN
fbem-13215	147	70	)	)	PUNCT
fbem-13215	147	71	(	(	PUNCT
fbem-13215	147	72	-2.235	-2.235	X
fbem-13215	147	73	)	)	PUNCT
fbem-13215	147	74	opp	opp	PROPN
fbem-13215	147	75	-0.00492	-0.00492	PROPN
fbem-13215	148	1	*	*	PUNCT
fbem-13215	149	1	*	*	PUNCT
fbem-13215	149	2	*	*	PUNCT
fbem-13215	149	3	-0.0155	-0.0155	PROPN
fbem-13215	149	4	(	(	PUNCT
fbem-13215	149	5	-6.963	-6.963	PROPN
fbem-13215	149	6	)	)	PUNCT
fbem-13215	149	7	(	(	PUNCT
fbem-13215	149	8	-0.893	-0.893	X
fbem-13215	149	9	)	)	PUNCT
fbem-13215	149	10	cf	cf	NOUN
fbem-13215	149	11	-0.00578	-0.00578	X
fbem-13215	150	1	0.730	0.730	NUM
fbem-13215	150	2	*	*	X
fbem-13215	150	3	*	*	PUNCT
fbem-13215	150	4	(	(	PUNCT
fbem-13215	150	5	-0.409	-0.409	NUM
fbem-13215	150	6	)	)	PUNCT
fbem-13215	150	7	(	(	PUNCT
fbem-13215	150	8	2.115	2.115	NUM
fbem-13215	150	9	)	)	PUNCT
fbem-13215	150	10	age	age	NOUN
fbem-13215	150	11	0.00535	0.00535	NUM
fbem-13215	150	12	*	*	PUNCT
fbem-13215	151	1	*	*	PUNCT
fbem-13215	151	2	*	*	PUNCT
fbem-13215	151	3	-0.0307	-0.0307	NOUN
fbem-13215	151	4	*	*	PUNCT
fbem-13215	151	5	*	*	PUNCT
fbem-13215	151	6	*	*	PUNCT
fbem-13215	151	7	(	(	PUNCT
fbem-13215	151	8	34.97	34.97	NUM
fbem-13215	151	9	)	)	PUNCT
fbem-13215	151	10	(	(	PUNCT
fbem-13215	151	11	-6.857	-6.857	X
fbem-13215	151	12	)	)	PUNCT
fbem-13215	151	13	size	size	NOUN
fbem-13215	151	14	-0.0203	-0.0203	NOUN
fbem-13215	151	15	*	*	PUNCT
fbem-13215	151	16	*	*	PUNCT
fbem-13215	151	17	*	*	PUNCT
fbem-13215	152	1	0.696	0.696	NUM
fbem-13215	152	2	*	*	PUNCT
fbem-13215	152	3	*	*	PUNCT
fbem-13215	152	4	*	*	PUNCT
fbem-13215	152	5	(	(	PUNCT
fbem-13215	152	6	-21.86	-21.86	NOUN
fbem-13215	152	7	)	)	PUNCT
fbem-13215	152	8	(	(	PUNCT
fbem-13215	152	9	28.32	28.32	NUM
fbem-13215	152	10	)	)	PUNCT
fbem-13215	152	11	constant	constant	ADJ
fbem-13215	152	12	1.754	1.754	NUM
fbem-13215	152	13	*	*	PUNCT
fbem-13215	152	14	*	*	PUNCT
fbem-13215	152	15	*	*	PUNCT
fbem-13215	152	16	0.657	0.657	NUM
fbem-13215	152	17	(	(	PUNCT
fbem-13215	152	18	85.12	85.12	NUM
fbem-13215	152	19	)	)	PUNCT
fbem-13215	152	20	(	(	PUNCT
fbem-13215	152	21	0.688	0.688	NUM
fbem-13215	152	22	)	)	PUNCT
fbem-13215	152	23	observations	observation	NOUN
fbem-13215	152	24	2,790	2,790	NUM
fbem-13215	152	25	2,790	2,790	NUM
fbem-13215	152	26	r	r	NOUN
fbem-13215	152	27	-	-	PUNCT
fbem-13215	152	28	squared	square	VERB
fbem-13215	152	29	0.377	0.377	NUM
fbem-13215	152	30	0.349	0.349	NUM
fbem-13215	152	31	note	note	NOUN
fbem-13215	152	32	:	:	PUNCT
fbem-13215	152	33	*	*	PUNCT
fbem-13215	152	34	*	*	PUNCT
fbem-13215	152	35	*	*	PUNCT
fbem-13215	152	36	p	p	X
fbem-13215	152	37	<	<	X
fbem-13215	152	38	0.01	0.01	NUM
fbem-13215	152	39	,	,	PUNCT
fbem-13215	152	40	*	*	PUNCT
fbem-13215	152	41	*	*	PUNCT
fbem-13215	152	42	p	p	X
fbem-13215	152	43	<	<	X
fbem-13215	152	44	0.05	0.05	NUM
fbem-13215	152	45	,	,	PUNCT
fbem-13215	152	46	*	*	PUNCT
fbem-13215	153	1	p	p	X
fbem-13215	153	2	<	<	X
fbem-13215	153	3	0.1	0.1	NUM
fbem-13215	153	4	;	;	PUNCT
fbem-13215	153	5	t	t	NOUN
fbem-13215	153	6	value	value	NOUN
fbem-13215	153	7	is	be	AUX
fbem-13215	153	8	given	give	VERB
fbem-13215	153	9	in	in	ADP
fbem-13215	153	10	parentheses	parenthesis	NOUN
fbem-13215	153	11	.	.	PUNCT
fbem-13215	154	1	199	199	NUM
fbem-13215	154	2	5	5	NUM
fbem-13215	154	3	.	.	PUNCT
fbem-13215	154	4	robustness	robustness	NOUN
fbem-13215	154	5	test	test	NOUN
fbem-13215	154	6	considering	consider	VERB
fbem-13215	154	7	that	that	SCONJ
fbem-13215	154	8	there	there	PRON
fbem-13215	154	9	may	may	AUX
fbem-13215	154	10	be	be	AUX
fbem-13215	154	11	collinearity	collinearity	NOUN
fbem-13215	154	12	problems	problem	NOUN
fbem-13215	154	13	between	between	ADP
fbem-13215	154	14	variables	variable	NOUN
fbem-13215	155	1	,	,	PUNCT
fbem-13215	155	2	this	this	DET
fbem-13215	155	3	paper	paper	NOUN
fbem-13215	155	4	calculates	calculate	VERB
fbem-13215	155	5	the	the	DET
fbem-13215	155	6	variance	variance	NOUN
fbem-13215	155	7	inflation	inflation	NOUN
fbem-13215	155	8	factor	factor	NOUN
fbem-13215	155	9	and	and	CCONJ
fbem-13215	155	10	obtains	obtain	VERB
fbem-13215	155	11	a	a	DET
fbem-13215	155	12	mean	mean	NOUN
fbem-13215	155	13	vif	vif	NOUN
fbem-13215	155	14	of	of	ADP
fbem-13215	155	15	1.53	1.53	NUM
fbem-13215	155	16	,	,	PUNCT
fbem-13215	155	17	indicating	indicate	VERB
fbem-13215	155	18	that	that	SCONJ
fbem-13215	155	19	there	there	PRON
fbem-13215	155	20	is	be	VERB
fbem-13215	155	21	basically	basically	ADV
fbem-13215	155	22	no	no	DET
fbem-13215	155	23	multicollinearity	multicollinearity	NOUN
fbem-13215	155	24	problem	problem	NOUN
fbem-13215	155	25	in	in	ADP
fbem-13215	155	26	the	the	DET
fbem-13215	155	27	regression	regression	NOUN
fbem-13215	155	28	equation	equation	NOUN
fbem-13215	155	29	.	.	PUNCT
fbem-13215	156	1	since	since	SCONJ
fbem-13215	156	2	the	the	DET
fbem-13215	156	3	regression	regression	NOUN
fbem-13215	156	4	results	result	NOUN
fbem-13215	156	5	of	of	ADP
fbem-13215	156	6	𝛽	𝛽	NOUN
fbem-13215	156	7	and	and	CCONJ
fbem-13215	156	8	𝛽	𝛽	NOUN
fbem-13215	156	9	are	be	AUX
fbem-13215	156	10	significant	significant	ADJ
fbem-13215	156	11	,	,	PUNCT
fbem-13215	156	12	there	there	PRON
fbem-13215	156	13	is	be	VERB
fbem-13215	156	14	no	no	DET
fbem-13215	156	15	need	need	NOUN
fbem-13215	156	16	to	to	PART
fbem-13215	156	17	use	use	VERB
fbem-13215	156	18	the	the	DET
fbem-13215	156	19	sobel	sobel	NOUN
fbem-13215	156	20	test	test	NOUN
fbem-13215	156	21	for	for	ADP
fbem-13215	156	22	the	the	DET
fbem-13215	156	23	next	next	ADJ
fbem-13215	156	24	test	test	NOUN
fbem-13215	156	25	.	.	PUNCT
fbem-13215	157	1	in	in	ADP
fbem-13215	157	2	order	order	NOUN
fbem-13215	157	3	to	to	PART
fbem-13215	157	4	ensure	ensure	VERB
fbem-13215	157	5	the	the	DET
fbem-13215	157	6	reliability	reliability	NOUN
fbem-13215	157	7	of	of	ADP
fbem-13215	157	8	the	the	DET
fbem-13215	157	9	regression	regression	NOUN
fbem-13215	157	10	results	result	NOUN
fbem-13215	157	11	,	,	PUNCT
fbem-13215	157	12	this	this	DET
fbem-13215	157	13	paper	paper	NOUN
fbem-13215	157	14	tests	test	VERB
fbem-13215	157	15	the	the	DET
fbem-13215	157	16	robustness	robustness	NOUN
fbem-13215	157	17	of	of	ADP
fbem-13215	157	18	the	the	DET
fbem-13215	157	19	model	model	NOUN
fbem-13215	157	20	by	by	ADP
fbem-13215	157	21	adding	add	VERB
fbem-13215	157	22	or	or	CCONJ
fbem-13215	157	23	subtracting	subtract	VERB
fbem-13215	157	24	control	control	NOUN
fbem-13215	157	25	variables	variable	NOUN
fbem-13215	157	26	.	.	PUNCT
fbem-13215	158	1	firstly	firstly	ADV
fbem-13215	158	2	,	,	PUNCT
fbem-13215	158	3	on	on	ADP
fbem-13215	158	4	the	the	DET
fbem-13215	158	5	basis	basis	NOUN
fbem-13215	158	6	of	of	ADP
fbem-13215	158	7	the	the	DET
fbem-13215	158	8	original	original	ADJ
fbem-13215	158	9	model	model	NOUN
fbem-13215	158	10	,	,	PUNCT
fbem-13215	158	11	two	two	NUM
fbem-13215	158	12	control	control	NOUN
fbem-13215	158	13	variables	variable	NOUN
fbem-13215	158	14	are	be	AUX
fbem-13215	158	15	added	add	VERB
fbem-13215	158	16	as	as	ADP
fbem-13215	158	17	gearing	gear	VERB
fbem-13215	158	18	ratio	ratio	NOUN
fbem-13215	158	19	(	(	PUNCT
fbem-13215	158	20	l	l	NOUN
fbem-13215	158	21	)	)	PUNCT
fbem-13215	158	22	and	and	CCONJ
fbem-13215	158	23	operating	operate	VERB
fbem-13215	158	24	income	income	NOUN
fbem-13215	158	25	growth	growth	NOUN
fbem-13215	158	26	rate	rate	NOUN
fbem-13215	158	27	(	(	PUNCT
fbem-13215	158	28	growth	growth	NOUN
fbem-13215	158	29	)	)	PUNCT
fbem-13215	158	30	,	,	PUNCT
fbem-13215	158	31	and	and	CCONJ
fbem-13215	158	32	the	the	DET
fbem-13215	158	33	regression	regression	NOUN
fbem-13215	158	34	results	result	NOUN
fbem-13215	158	35	are	be	AUX
fbem-13215	158	36	shown	show	VERB
fbem-13215	158	37	in	in	ADP
fbem-13215	158	38	table	table	NOUN
fbem-13215	158	39	5	5	NUM
fbem-13215	158	40	.	.	PUNCT
fbem-13215	159	1	it	it	PRON
fbem-13215	159	2	can	can	AUX
fbem-13215	159	3	be	be	AUX
fbem-13215	159	4	seen	see	VERB
fbem-13215	159	5	that	that	SCONJ
fbem-13215	159	6	there	there	PRON
fbem-13215	159	7	is	be	VERB
fbem-13215	159	8	still	still	ADV
fbem-13215	159	9	a	a	DET
fbem-13215	159	10	significant	significant	ADJ
fbem-13215	159	11	negative	negative	ADJ
fbem-13215	159	12	correlation	correlation	NOUN
fbem-13215	159	13	between	between	ADP
fbem-13215	159	14	environmental	environmental	ADJ
fbem-13215	159	15	regulation	regulation	NOUN
fbem-13215	159	16	and	and	CCONJ
fbem-13215	159	17	enterprise	enterprise	NOUN
fbem-13215	159	18	innovation	innovation	NOUN
fbem-13215	159	19	,	,	PUNCT
fbem-13215	159	20	and	and	CCONJ
fbem-13215	159	21	financing	financing	NOUN
fbem-13215	159	22	constraints	constraint	NOUN
fbem-13215	159	23	have	have	VERB
fbem-13215	159	24	some	some	DET
fbem-13215	159	25	mediating	mediate	VERB
fbem-13215	159	26	effects	effect	NOUN
fbem-13215	159	27	in	in	ADP
fbem-13215	159	28	the	the	DET
fbem-13215	159	29	relationship	relationship	NOUN
fbem-13215	159	30	between	between	ADP
fbem-13215	159	31	environmental	environmental	ADJ
fbem-13215	159	32	regulation	regulation	NOUN
fbem-13215	159	33	and	and	CCONJ
fbem-13215	159	34	enterprise	enterprise	NOUN
fbem-13215	159	35	innovation	innovation	NOUN
fbem-13215	159	36	.	.	PUNCT
fbem-13215	160	1	table	table	NOUN
fbem-13215	160	2	5	5	NUM
fbem-13215	160	3	.	.	PUNCT
fbem-13215	161	1	results	result	NOUN
fbem-13215	161	2	of	of	ADP
fbem-13215	161	3	the	the	DET
fbem-13215	161	4	regression	regression	NOUN
fbem-13215	161	5	after	after	ADP
fbem-13215	161	6	adding	add	VERB
fbem-13215	161	7	and	and	CCONJ
fbem-13215	161	8	controlling	control	VERB
fbem-13215	161	9	variables	variable	NOUN
fbem-13215	161	10	model	model	NOUN
fbem-13215	161	11	(	(	PUNCT
fbem-13215	161	12	1	1	NUM
fbem-13215	161	13	)	)	PUNCT
fbem-13215	161	14	model	model	NOUN
fbem-13215	161	15	(	(	PUNCT
fbem-13215	161	16	2	2	NUM
fbem-13215	161	17	)	)	PUNCT
fbem-13215	161	18	model	model	NOUN
fbem-13215	161	19	(	(	PUNCT
fbem-13215	161	20	3	3	X
fbem-13215	161	21	)	)	PUNCT
fbem-13215	161	22	variables	variable	NOUN
fbem-13215	161	23	rds	rds	NOUN
fbem-13215	161	24	fc	fc	PROPN
fbem-13215	161	25	rds	rds	PROPN
fbem-13215	161	26	eri	eri	PROPN
fbem-13215	161	27	0.123	0.123	NUM
fbem-13215	161	28	*	*	PUNCT
fbem-13215	161	29	*	*	PUNCT
fbem-13215	161	30	*	*	PUNCT
fbem-13215	162	1	0.00234	0.00234	NUM
fbem-13215	162	2	*	*	PUNCT
fbem-13215	162	3	0.120	0.120	NUM
fbem-13215	162	4	*	*	PUNCT
fbem-13215	162	5	*	*	PUNCT
fbem-13215	162	6	*	*	PUNCT
fbem-13215	162	7	(	(	PUNCT
fbem-13215	162	8	3.724	3.724	NUM
fbem-13215	162	9	)	)	PUNCT
fbem-13215	162	10	(	(	PUNCT
fbem-13215	162	11	1.733	1.733	NUM
fbem-13215	162	12	)	)	PUNCT
fbem-13215	162	13	(	(	PUNCT
fbem-13215	162	14	3.629	3.629	NUM
fbem-13215	162	15	)	)	PUNCT
fbem-13215	162	16	fc	fc	PROPN
fbem-13215	163	1	1.386	1.386	NUM
fbem-13215	163	2	*	*	PUNCT
fbem-13215	163	3	*	*	PUNCT
fbem-13215	163	4	*	*	PUNCT
fbem-13215	163	5	(	(	PUNCT
fbem-13215	163	6	2.996	2.996	NUM
fbem-13215	163	7	)	)	PUNCT
fbem-13215	163	8	roa	roa	NOUN
fbem-13215	163	9	2.627	2.627	NUM
fbem-13215	163	10	*	*	PUNCT
fbem-13215	163	11	*	*	PUNCT
fbem-13215	163	12	*	*	PUNCT
fbem-13215	163	13	0.118	0.118	NUM
fbem-13215	163	14	*	*	PUNCT
fbem-13215	163	15	*	*	PUNCT
fbem-13215	163	16	*	*	PUNCT
fbem-13215	163	17	2.463	2.463	NUM
fbem-13215	163	18	*	*	PUNCT
fbem-13215	163	19	*	*	PUNCT
fbem-13215	163	20	*	*	PUNCT
fbem-13215	163	21	(	(	PUNCT
fbem-13215	163	22	5.165	5.165	NUM
fbem-13215	163	23	)	)	PUNCT
fbem-13215	163	24	(	(	PUNCT
fbem-13215	163	25	5.681	5.681	NUM
fbem-13215	163	26	)	)	PUNCT
fbem-13215	163	27	(	(	PUNCT
fbem-13215	163	28	4.822	4.822	NUM
fbem-13215	163	29	)	)	PUNCT
fbem-13215	163	30	ls1	ls1	NOUN
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fbem-13215	163	32	*	*	PUNCT
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fbem-13215	163	34	*	*	PUNCT
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fbem-13215	163	36	*	*	PUNCT
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fbem-13215	163	38	*	*	PUNCT
fbem-13215	163	39	-0.00401	-0.00401	NOUN
fbem-13215	164	1	*	*	PUNCT
fbem-13215	164	2	*	*	PUNCT
fbem-13215	164	3	(	(	PUNCT
fbem-13215	164	4	-2.980	-2.980	NOUN
fbem-13215	164	5	)	)	PUNCT
fbem-13215	164	6	(	(	PUNCT
fbem-13215	164	7	-8.435	-8.435	NOUN
fbem-13215	164	8	)	)	PUNCT
fbem-13215	164	9	(	(	PUNCT
fbem-13215	164	10	-2.474	-2.474	NOUN
fbem-13215	164	11	)	)	PUNCT
fbem-13215	164	12	opp	opp	PROPN
fbem-13215	164	13	-0.0315	-0.0315	PROPN
fbem-13215	164	14	*	*	PUNCT
fbem-13215	164	15	-0.00460	-0.00460	PUNCT
fbem-13215	165	1	*	*	PUNCT
fbem-13215	165	2	*	*	PUNCT
fbem-13215	165	3	*	*	PUNCT
fbem-13215	165	4	-0.0251	-0.0251	X
fbem-13215	165	5	(	(	PUNCT
fbem-13215	165	6	-1.797	-1.797	NOUN
fbem-13215	165	7	)	)	PUNCT
fbem-13215	165	8	(	(	PUNCT
fbem-13215	165	9	-6.403	-6.403	NOUN
fbem-13215	165	10	)	)	PUNCT
fbem-13215	165	11	(	(	PUNCT
fbem-13215	165	12	-1.425	-1.425	X
fbem-13215	165	13	)	)	PUNCT
fbem-13215	165	14	cf	cf	NOUN
fbem-13215	165	15	0.650	0.650	NUM
fbem-13215	165	16	*	*	PUNCT
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fbem-13215	165	18	0.663	0.663	NUM
fbem-13215	165	19	*	*	SYM
fbem-13215	165	20	(	(	PUNCT
fbem-13215	165	21	1.884	1.884	NUM
fbem-13215	165	22	)	)	PUNCT
fbem-13215	165	23	(	(	PUNCT
fbem-13215	165	24	-0.655	-0.655	NOUN
fbem-13215	165	25	)	)	PUNCT
fbem-13215	165	26	(	(	PUNCT
fbem-13215	165	27	1.923	1.923	NUM
fbem-13215	165	28	)	)	PUNCT
fbem-13215	165	29	age	age	NOUN
fbem-13215	165	30	-0.0222	-0.0222	NOUN
fbem-13215	165	31	*	*	PUNCT
fbem-13215	166	1	*	*	PUNCT
fbem-13215	166	2	*	*	PUNCT
fbem-13215	167	1	0.00529	0.00529	PUNCT
fbem-13215	167	2	*	*	PUNCT
fbem-13215	167	3	*	*	PUNCT
fbem-13215	167	4	*	*	NOUN
fbem-13215	167	5	-0.0295	-0.0295	NOUN
fbem-13215	167	6	*	*	PUNCT
fbem-13215	167	7	*	*	PUNCT
fbem-13215	167	8	*	*	PUNCT
fbem-13215	167	9	(	(	PUNCT
fbem-13215	167	10	-5.896	-5.896	PROPN
fbem-13215	167	11	)	)	PUNCT
fbem-13215	167	12	(	(	PUNCT
fbem-13215	167	13	34.30	34.30	NUM
fbem-13215	167	14	)	)	PUNCT
fbem-13215	167	15	(	(	PUNCT
fbem-13215	167	16	-6.583	-6.583	NOUN
fbem-13215	167	17	)	)	PUNCT
fbem-13215	167	18	size	size	NOUN
fbem-13215	167	19	0.695	0.695	NUM
fbem-13215	167	20	*	*	PUNCT
fbem-13215	167	21	*	*	PUNCT
fbem-13215	167	22	*	*	PUNCT
fbem-13215	167	23	-0.0214	-0.0214	ADJ
fbem-13215	167	24	*	*	PUNCT
fbem-13215	167	25	*	*	PUNCT
fbem-13215	167	26	*	*	PUNCT
fbem-13215	167	27	0.724	0.724	NUM
fbem-13215	167	28	*	*	PUNCT
fbem-13215	167	29	*	*	PUNCT
fbem-13215	167	30	*	*	PUNCT
fbem-13215	167	31	(	(	PUNCT
fbem-13215	167	32	27.98	27.98	NUM
fbem-13215	167	33	)	)	PUNCT
fbem-13215	167	34	(	(	PUNCT
fbem-13215	167	35	-21.05	-21.05	NOUN
fbem-13215	167	36	)	)	PUNCT
fbem-13215	167	37	(	(	PUNCT
fbem-13215	167	38	27.14	27.14	NUM
fbem-13215	167	39	)	)	PUNCT
fbem-13215	167	40	l	l	NOUN
fbem-13215	167	41	-0.454	-0.454	NOUN
fbem-13215	167	42	*	*	PUNCT
fbem-13215	167	43	*	*	PUNCT
fbem-13215	167	44	*	*	PUNCT
fbem-13215	168	1	0.0147	0.0147	NUM
fbem-13215	168	2	*	*	PUNCT
fbem-13215	168	3	*	*	PUNCT
fbem-13215	169	1	-0.474	-0.474	PUNCT
fbem-13215	169	2	*	*	PUNCT
fbem-13215	169	3	*	*	PUNCT
fbem-13215	169	4	*	*	PUNCT
fbem-13215	169	5	(	(	PUNCT
fbem-13215	169	6	-2.927	-2.927	PROPN
fbem-13215	169	7	)	)	PUNCT
fbem-13215	169	8	(	(	PUNCT
fbem-13215	169	9	2.315	2.315	NUM
fbem-13215	169	10	)	)	PUNCT
fbem-13215	169	11	(	(	PUNCT
fbem-13215	169	12	-3.060	-3.060	NOUN
fbem-13215	169	13	)	)	PUNCT
fbem-13215	169	14	growth	growth	NOUN
fbem-13215	169	15	-0.161	-0.161	NOUN
fbem-13215	169	16	*	*	PUNCT
fbem-13215	169	17	*	*	PUNCT
fbem-13215	169	18	*	*	PUNCT
fbem-13215	169	19	-0.00607	-0.00607	VERB
fbem-13215	170	1	*	*	PUNCT
fbem-13215	170	2	*	*	PUNCT
fbem-13215	170	3	*	*	PUNCT
fbem-13215	170	4	-0.153	-0.153	NOUN
fbem-13215	170	5	*	*	PUNCT
fbem-13215	170	6	*	*	PUNCT
fbem-13215	170	7	*	*	PUNCT
fbem-13215	170	8	(	(	PUNCT
fbem-13215	170	9	-3.216	-3.216	NUM
fbem-13215	170	10	)	)	PUNCT
fbem-13215	170	11	(	(	PUNCT
fbem-13215	170	12	-2.953	-2.953	NUM
fbem-13215	170	13	)	)	PUNCT
fbem-13215	170	14	(	(	PUNCT
fbem-13215	170	15	-3.048	-3.048	NOUN
fbem-13215	170	16	)	)	PUNCT
fbem-13215	170	17	constant	constant	ADJ
fbem-13215	170	18	2.776	2.776	NUM
fbem-13215	170	19	*	*	PUNCT
fbem-13215	170	20	*	*	PUNCT
fbem-13215	170	21	*	*	PUNCT
fbem-13215	170	22	1.772	1.772	NUM
fbem-13215	170	23	*	*	NOUN
fbem-13215	170	24	*	*	PUNCT
fbem-13215	170	25	*	*	PUNCT
fbem-13215	170	26	0.321	0.321	NUM
fbem-13215	170	27	(	(	PUNCT
fbem-13215	170	28	5.283	5.283	NUM
fbem-13215	170	29	)	)	PUNCT
fbem-13215	170	30	(	(	PUNCT
fbem-13215	170	31	82.33	82.33	NUM
fbem-13215	170	32	)	)	PUNCT
fbem-13215	170	33	(	(	PUNCT
fbem-13215	170	34	0.330	0.330	NUM
fbem-13215	170	35	)	)	PUNCT
fbem-13215	170	36	observations	observation	NOUN
fbem-13215	170	37	2,790	2,790	NUM
fbem-13215	170	38	2,790	2,790	NUM
fbem-13215	170	39	2,790	2,790	NUM
fbem-13215	170	40	r	r	NOUN
fbem-13215	170	41	-	-	PUNCT
fbem-13215	170	42	squared	square	VERB
fbem-13215	170	43	0.351	0.351	NUM
fbem-13215	170	44	0.380	0.380	NUM
fbem-13215	170	45	0.353	0.353	NUM
fbem-13215	170	46	note	note	NOUN
fbem-13215	170	47	:	:	PUNCT
fbem-13215	170	48	*	*	PUNCT
fbem-13215	171	1	*	*	PUNCT
fbem-13215	171	2	*	*	PUNCT
fbem-13215	171	3	p	p	X
fbem-13215	171	4	<	<	X
fbem-13215	171	5	0.01	0.01	NUM
fbem-13215	171	6	,	,	PUNCT
fbem-13215	171	7	*	*	PUNCT
fbem-13215	171	8	*	*	PUNCT
fbem-13215	171	9	p	p	X
fbem-13215	171	10	<	<	X
fbem-13215	171	11	0.05	0.05	NUM
fbem-13215	171	12	,	,	PUNCT
fbem-13215	171	13	*	*	PUNCT
fbem-13215	171	14	p	p	X
fbem-13215	171	15	<	<	X
fbem-13215	171	16	0.1	0.1	NUM
fbem-13215	171	17	;	;	PUNCT
fbem-13215	171	18	t	t	NOUN
fbem-13215	171	19	value	value	NOUN
fbem-13215	171	20	is	be	AUX
fbem-13215	171	21	given	give	VERB
fbem-13215	171	22	in	in	ADP
fbem-13215	171	23	parentheses	parenthesis	NOUN
fbem-13215	171	24	.	.	PUNCT
fbem-13215	172	1	secondly	secondly	ADV
fbem-13215	172	2	,	,	PUNCT
fbem-13215	172	3	on	on	ADP
fbem-13215	172	4	the	the	DET
fbem-13215	172	5	basis	basis	NOUN
fbem-13215	172	6	of	of	ADP
fbem-13215	172	7	the	the	DET
fbem-13215	172	8	original	original	ADJ
fbem-13215	172	9	model	model	NOUN
fbem-13215	172	10	,	,	PUNCT
fbem-13215	172	11	the	the	DET
fbem-13215	172	12	two	two	NUM
fbem-13215	172	13	control	control	NOUN
fbem-13215	172	14	variables	variable	NOUN
fbem-13215	172	15	of	of	ADP
fbem-13215	172	16	investment	investment	NOUN
fbem-13215	172	17	opportunity	opportunity	NOUN
fbem-13215	172	18	(	(	PUNCT
fbem-13215	172	19	opp	opp	INTJ
fbem-13215	172	20	)	)	PUNCT
fbem-13215	172	21	and	and	CCONJ
fbem-13215	172	22	cash	cash	NOUN
fbem-13215	172	23	flow	flow	NOUN
fbem-13215	172	24	(	(	PUNCT
fbem-13215	172	25	cf	cf	NOUN
fbem-13215	172	26	)	)	PUNCT
fbem-13215	172	27	are	be	AUX
fbem-13215	172	28	removed	remove	VERB
fbem-13215	172	29	,	,	PUNCT
fbem-13215	172	30	and	and	CCONJ
fbem-13215	172	31	the	the	DET
fbem-13215	172	32	regression	regression	NOUN
fbem-13215	172	33	results	result	NOUN
fbem-13215	172	34	are	be	AUX
fbem-13215	172	35	shown	show	VERB
fbem-13215	172	36	in	in	ADP
fbem-13215	172	37	table	table	NOUN
fbem-13215	172	38	6	6	NUM
fbem-13215	172	39	.	.	PUNCT
fbem-13215	173	1	it	it	PRON
fbem-13215	173	2	can	can	AUX
fbem-13215	173	3	be	be	AUX
fbem-13215	173	4	seen	see	VERB
fbem-13215	173	5	that	that	SCONJ
fbem-13215	173	6	there	there	PRON
fbem-13215	173	7	is	be	VERB
fbem-13215	173	8	still	still	ADV
fbem-13215	173	9	a	a	DET
fbem-13215	173	10	significant	significant	ADJ
fbem-13215	173	11	negative	negative	ADJ
fbem-13215	173	12	correlation	correlation	NOUN
fbem-13215	173	13	between	between	ADP
fbem-13215	173	14	environmental	environmental	ADJ
fbem-13215	173	15	regulation	regulation	NOUN
fbem-13215	173	16	and	and	CCONJ
fbem-13215	173	17	enterprise	enterprise	NOUN
fbem-13215	173	18	innovation	innovation	NOUN
fbem-13215	173	19	,	,	PUNCT
fbem-13215	173	20	and	and	CCONJ
fbem-13215	173	21	financing	financing	NOUN
fbem-13215	173	22	constraints	constraint	NOUN
fbem-13215	173	23	have	have	VERB
fbem-13215	173	24	some	some	DET
fbem-13215	173	25	mediating	mediate	VERB
fbem-13215	173	26	effects	effect	NOUN
fbem-13215	173	27	in	in	ADP
fbem-13215	173	28	the	the	DET
fbem-13215	173	29	relationship	relationship	NOUN
fbem-13215	173	30	between	between	ADP
fbem-13215	173	31	environmental	environmental	ADJ
fbem-13215	173	32	regulation	regulation	NOUN
fbem-13215	173	33	and	and	CCONJ
fbem-13215	173	34	enterprise	enterprise	NOUN
fbem-13215	173	35	innovation	innovation	NOUN
fbem-13215	173	36	.	.	PUNCT
fbem-13215	174	1	table	table	NOUN
fbem-13215	174	2	6	6	NUM
fbem-13215	174	3	.	.	PUNCT
fbem-13215	175	1	regression	regression	NOUN
fbem-13215	175	2	results	result	NOUN
fbem-13215	175	3	after	after	ADP
fbem-13215	175	4	reducing	reduce	VERB
fbem-13215	175	5	and	and	CCONJ
fbem-13215	175	6	controlling	control	VERB
fbem-13215	175	7	variables	variable	NOUN
fbem-13215	175	8	model	model	NOUN
fbem-13215	175	9	(	(	PUNCT
fbem-13215	175	10	1	1	NUM
fbem-13215	175	11	)	)	PUNCT
fbem-13215	175	12	model	model	NOUN
fbem-13215	175	13	(	(	PUNCT
fbem-13215	175	14	2	2	NUM
fbem-13215	175	15	)	)	PUNCT
fbem-13215	175	16	model	model	NOUN
fbem-13215	175	17	(	(	PUNCT
fbem-13215	175	18	3	3	X
fbem-13215	175	19	)	)	PUNCT
fbem-13215	175	20	variables	variable	NOUN
fbem-13215	175	21	rds	rds	NOUN
fbem-13215	175	22	fc	fc	PROPN
fbem-13215	175	23	rds	rds	PROPN
fbem-13215	175	24	eri	eri	PROPN
fbem-13215	175	25	0.134	0.134	NUM
fbem-13215	175	26	*	*	PUNCT
fbem-13215	175	27	*	*	PUNCT
fbem-13215	175	28	*	*	PUNCT
fbem-13215	176	1	0.00362	0.00362	NUM
fbem-13215	176	2	*	*	PUNCT
fbem-13215	176	3	*	*	PUNCT
fbem-13215	176	4	*	*	PUNCT
fbem-13215	176	5	0.128	0.128	NUM
fbem-13215	176	6	*	*	PUNCT
fbem-13215	176	7	*	*	PUNCT
fbem-13215	176	8	*	*	PUNCT
fbem-13215	176	9	(	(	PUNCT
fbem-13215	176	10	4.066	4.066	NUM
fbem-13215	176	11	)	)	PUNCT
fbem-13215	176	12	(	(	PUNCT
fbem-13215	176	13	2.677	2.677	NUM
fbem-13215	176	14	)	)	PUNCT
fbem-13215	176	15	(	(	PUNCT
fbem-13215	176	16	3.908	3.908	NUM
fbem-13215	176	17	)	)	PUNCT
fbem-13215	176	18	fc	fc	PROPN
fbem-13215	176	19	1.445	1.445	NUM
fbem-13215	176	20	*	*	PUNCT
fbem-13215	176	21	*	*	PUNCT
fbem-13215	176	22	*	*	PUNCT
fbem-13215	176	23	(	(	PUNCT
fbem-13215	176	24	3.147	3.147	NUM
fbem-13215	176	25	)	)	PUNCT
fbem-13215	176	26	roa	roa	NOUN
fbem-13215	176	27	3.456	3.456	NUM
fbem-13215	176	28	*	*	PUNCT
fbem-13215	176	29	*	*	PUNCT
fbem-13215	176	30	*	*	PUNCT
fbem-13215	176	31	0.0478	0.0478	NUM
fbem-13215	176	32	*	*	PUNCT
fbem-13215	176	33	*	*	PUNCT
fbem-13215	176	34	*	*	PUNCT
fbem-13215	176	35	3.387	3.387	NUM
fbem-13215	176	36	*	*	PUNCT
fbem-13215	176	37	*	*	PUNCT
fbem-13215	176	38	*	*	PUNCT
fbem-13215	176	39	(	(	PUNCT
fbem-13215	176	40	9.125	9.125	NUM
fbem-13215	176	41	)	)	PUNCT
fbem-13215	176	42	(	(	PUNCT
fbem-13215	176	43	3.064	3.064	NUM
fbem-13215	176	44	)	)	PUNCT
fbem-13215	176	45	(	(	PUNCT
fbem-13215	176	46	8.942	8.942	NUM
fbem-13215	176	47	)	)	PUNCT
fbem-13215	176	48	ls1	ls1	NOUN
fbem-13215	176	49	-0.00428	-0.00428	NOUN
fbem-13215	176	50	*	*	PUNCT
fbem-13215	176	51	*	*	PUNCT
fbem-13215	176	52	*	*	NOUN
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fbem-13215	176	54	*	*	PUNCT
fbem-13215	176	55	*	*	PUNCT
fbem-13215	176	56	*	*	PUNCT
fbem-13215	176	57	-0.00341	-0.00341	NOUN
fbem-13215	176	58	*	*	PUNCT
fbem-13215	176	59	*	*	PUNCT
fbem-13215	176	60	(	(	PUNCT
fbem-13215	176	61	-2.688	-2.688	NUM
fbem-13215	176	62	)	)	PUNCT
fbem-13215	176	63	(	(	PUNCT
fbem-13215	176	64	-9.169	-9.169	ADJ
fbem-13215	176	65	)	)	PUNCT
fbem-13215	176	66	(	(	PUNCT
fbem-13215	176	67	-2.114	-2.114	X
fbem-13215	176	68	)	)	PUNCT
fbem-13215	176	69	age	age	NOUN
fbem-13215	176	70	-0.0225	-0.0225	PUNCT
fbem-13215	176	71	*	*	PUNCT
fbem-13215	177	1	*	*	PUNCT
fbem-13215	177	2	*	*	PUNCT
fbem-13215	178	1	0.00545	0.00545	NUM
fbem-13215	178	2	*	*	PUNCT
fbem-13215	178	3	*	*	PUNCT
fbem-13215	178	4	*	*	PUNCT
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fbem-13215	179	1	*	*	PUNCT
fbem-13215	179	2	*	*	PUNCT
fbem-13215	179	3	*	*	PUNCT
fbem-13215	179	4	(	(	PUNCT
fbem-13215	179	5	-6.030	-6.030	NOUN
fbem-13215	179	6	)	)	PUNCT
fbem-13215	179	7	(	(	PUNCT
fbem-13215	179	8	35.47	35.47	NUM
fbem-13215	179	9	)	)	PUNCT
fbem-13215	179	10	(	(	PUNCT
fbem-13215	179	11	-6.768	-6.768	X
fbem-13215	179	12	)	)	PUNCT
fbem-13215	179	13	size	size	NOUN
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fbem-13215	179	16	*	*	PUNCT
fbem-13215	179	17	*	*	NOUN
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fbem-13215	180	1	*	*	PUNCT
fbem-13215	181	1	*	*	PUNCT
fbem-13215	181	2	*	*	PUNCT
fbem-13215	181	3	0.710	0.710	NUM
fbem-13215	181	4	*	*	PUNCT
fbem-13215	181	5	*	*	PUNCT
fbem-13215	181	6	*	*	PUNCT
fbem-13215	181	7	(	(	PUNCT
fbem-13215	181	8	34.92	34.92	NUM
fbem-13215	181	9	)	)	PUNCT
fbem-13215	181	10	(	(	PUNCT
fbem-13215	181	11	-21.15	-21.15	PROPN
fbem-13215	181	12	)	)	PUNCT
fbem-13215	181	13	(	(	PUNCT
fbem-13215	181	14	33.63	33.63	NUM
fbem-13215	181	15	)	)	PUNCT
fbem-13215	181	16	constant	constant	ADJ
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fbem-13215	181	18	*	*	PUNCT
fbem-13215	181	19	*	*	PUNCT
fbem-13215	181	20	*	*	PUNCT
fbem-13215	182	1	1.673	1.673	NUM
fbem-13215	182	2	*	*	PUNCT
fbem-13215	182	3	*	*	PUNCT
fbem-13215	182	4	*	*	X
fbem-13215	182	5	0.288	0.288	NUM
fbem-13215	182	6	(	(	PUNCT
fbem-13215	182	7	6.538	6.538	NUM
fbem-13215	182	8	)	)	PUNCT
fbem-13215	182	9	(	(	PUNCT
fbem-13215	182	10	98.10	98.10	NUM
fbem-13215	182	11	)	)	PUNCT
fbem-13215	182	12	(	(	PUNCT
fbem-13215	182	13	0.330	0.330	NUM
fbem-13215	182	14	)	)	PUNCT
fbem-13215	182	15	observations	observation	NOUN
fbem-13215	182	16	2,790	2,790	NUM
fbem-13215	182	17	2,790	2,790	NUM
fbem-13215	182	18	2,790	2,790	NUM
fbem-13215	182	19	r	r	NOUN
fbem-13215	182	20	-	-	PUNCT
fbem-13215	182	21	squared	square	VERB
fbem-13215	182	22	0.345	0.345	NUM
fbem-13215	182	23	0.366	0.366	NUM
fbem-13215	182	24	0.347	0.347	NUM
fbem-13215	182	25	note	note	NOUN
fbem-13215	182	26	:	:	PUNCT
fbem-13215	182	27	*	*	PUNCT
fbem-13215	183	1	*	*	PUNCT
fbem-13215	183	2	*	*	PUNCT
fbem-13215	183	3	p	p	X
fbem-13215	183	4	<	<	X
fbem-13215	183	5	0.01	0.01	NUM
fbem-13215	183	6	,	,	PUNCT
fbem-13215	183	7	*	*	PUNCT
fbem-13215	183	8	*	*	PUNCT
fbem-13215	183	9	p	p	X
fbem-13215	183	10	<	<	X
fbem-13215	183	11	0.05	0.05	NUM
fbem-13215	183	12	,	,	PUNCT
fbem-13215	183	13	*	*	PUNCT
fbem-13215	183	14	p	p	X
fbem-13215	183	15	<	<	X
fbem-13215	183	16	0.1	0.1	NUM
fbem-13215	183	17	;	;	PUNCT
fbem-13215	183	18	t	t	NOUN
fbem-13215	183	19	value	value	NOUN
fbem-13215	183	20	is	be	AUX
fbem-13215	183	21	given	give	VERB
fbem-13215	183	22	in	in	ADP
fbem-13215	183	23	parentheses	parenthesis	NOUN
fbem-13215	183	24	.	.	PUNCT
fbem-13215	184	1	the	the	DET
fbem-13215	184	2	regression	regression	NOUN
fbem-13215	184	3	results	result	NOUN
fbem-13215	184	4	of	of	ADP
fbem-13215	184	5	the	the	DET
fbem-13215	184	6	two	two	NUM
fbem-13215	184	7	tests	test	NOUN
fbem-13215	184	8	are	be	AUX
fbem-13215	184	9	basically	basically	ADV
fbem-13215	184	10	consistent	consistent	ADJ
fbem-13215	184	11	with	with	ADP
fbem-13215	184	12	the	the	DET
fbem-13215	184	13	conclusion	conclusion	NOUN
fbem-13215	184	14	of	of	ADP
fbem-13215	184	15	the	the	DET
fbem-13215	184	16	main	main	ADJ
fbem-13215	184	17	part	part	NOUN
fbem-13215	184	18	of	of	ADP
fbem-13215	184	19	this	this	DET
fbem-13215	184	20	paper	paper	NOUN
fbem-13215	184	21	,	,	PUNCT
fbem-13215	184	22	200	200	NUM
fbem-13215	184	23	namely	namely	ADV
fbem-13215	184	24	,	,	PUNCT
fbem-13215	184	25	the	the	DET
fbem-13215	184	26	strengthening	strengthening	NOUN
fbem-13215	184	27	of	of	ADP
fbem-13215	184	28	environmental	environmental	ADJ
fbem-13215	184	29	regulation	regulation	NOUN
fbem-13215	184	30	has	have	VERB
fbem-13215	184	31	a	a	DET
fbem-13215	184	32	significant	significant	ADJ
fbem-13215	184	33	inhibitory	inhibitory	ADJ
fbem-13215	184	34	effect	effect	NOUN
fbem-13215	184	35	on	on	ADP
fbem-13215	184	36	enterprise	enterprise	NOUN
fbem-13215	184	37	innovation	innovation	NOUN
fbem-13215	184	38	,	,	PUNCT
fbem-13215	184	39	and	and	CCONJ
fbem-13215	184	40	the	the	DET
fbem-13215	184	41	financing	financing	NOUN
fbem-13215	184	42	constraint	constraint	NOUN
fbem-13215	184	43	plays	play	VERB
fbem-13215	184	44	an	an	DET
fbem-13215	184	45	intermediary	intermediary	ADJ
fbem-13215	184	46	role	role	NOUN
fbem-13215	184	47	in	in	ADP
fbem-13215	184	48	this	this	DET
fbem-13215	184	49	relationship	relationship	NOUN
fbem-13215	184	50	.	.	PUNCT
fbem-13215	185	1	in	in	ADP
fbem-13215	185	2	summary	summary	NOUN
fbem-13215	185	3	,	,	PUNCT
fbem-13215	185	4	the	the	DET
fbem-13215	185	5	model	model	NOUN
fbem-13215	185	6	passed	pass	VERB
fbem-13215	185	7	the	the	DET
fbem-13215	185	8	robustness	robustness	NOUN
fbem-13215	185	9	test	test	NOUN
fbem-13215	185	10	.	.	PUNCT
fbem-13215	186	1	6	6	X
fbem-13215	186	2	.	.	X
fbem-13215	186	3	conclusion	conclusion	NOUN
fbem-13215	186	4	and	and	CCONJ
fbem-13215	186	5	revelation	revelation	NOUN
fbem-13215	186	6	6.1	6.1	NUM
fbem-13215	186	7	.	.	PUNCT
fbem-13215	187	1	research	research	NOUN
fbem-13215	187	2	conclusion	conclusion	NOUN
fbem-13215	187	3	this	this	DET
fbem-13215	187	4	paper	paper	NOUN
fbem-13215	187	5	selects	select	VERB
fbem-13215	187	6	the	the	DET
fbem-13215	187	7	listed	list	VERB
fbem-13215	187	8	companies	company	NOUN
fbem-13215	187	9	of	of	ADP
fbem-13215	187	10	heavy	heavy	ADJ
fbem-13215	187	11	pollution	pollution	NOUN
fbem-13215	187	12	manufacturing	manufacturing	NOUN
fbem-13215	187	13	industry	industry	NOUN
fbem-13215	187	14	in	in	ADP
fbem-13215	187	15	shanghai	shanghai	PROPN
fbem-13215	187	16	stock	stock	PROPN
fbem-13215	187	17	exchange	exchange	PROPN
fbem-13215	187	18	and	and	CCONJ
fbem-13215	187	19	shenzhen	shenzhen	PROPN
fbem-13215	187	20	stock	stock	PROPN
fbem-13215	187	21	exchange	exchange	PROPN
fbem-13215	187	22	from	from	ADP
fbem-13215	187	23	2014	2014	NUM
fbem-13215	187	24	to	to	ADP
fbem-13215	187	25	2018	2018	NUM
fbem-13215	187	26	as	as	ADP
fbem-13215	187	27	samples	sample	NOUN
fbem-13215	187	28	to	to	PART
fbem-13215	187	29	establish	establish	VERB
fbem-13215	187	30	ols	ol	NOUN
fbem-13215	187	31	regression	regression	NOUN
fbem-13215	187	32	model	model	NOUN
fbem-13215	187	33	to	to	PART
fbem-13215	187	34	study	study	VERB
fbem-13215	187	35	the	the	DET
fbem-13215	187	36	impact	impact	NOUN
fbem-13215	187	37	of	of	ADP
fbem-13215	187	38	environmental	environmental	ADJ
fbem-13215	187	39	regulation	regulation	NOUN
fbem-13215	187	40	on	on	ADP
fbem-13215	187	41	enterprise	enterprise	NOUN
fbem-13215	187	42	innovation	innovation	NOUN
fbem-13215	187	43	,	,	PUNCT
fbem-13215	187	44	and	and	CCONJ
fbem-13215	187	45	explore	explore	VERB
fbem-13215	187	46	the	the	DET
fbem-13215	187	47	intermediary	intermediary	ADJ
fbem-13215	187	48	effect	effect	NOUN
fbem-13215	187	49	played	play	VERB
fbem-13215	187	50	by	by	ADP
fbem-13215	187	51	financing	financing	NOUN
fbem-13215	187	52	constraints	constraint	NOUN
fbem-13215	187	53	.	.	PUNCT
fbem-13215	188	1	the	the	DET
fbem-13215	188	2	results	result	NOUN
fbem-13215	188	3	of	of	ADP
fbem-13215	188	4	the	the	DET
fbem-13215	188	5	study	study	NOUN
fbem-13215	188	6	indicate	indicate	VERB
fbem-13215	188	7	that	that	SCONJ
fbem-13215	188	8	,	,	PUNCT
fbem-13215	188	9	the	the	DET
fbem-13215	188	10	intensity	intensity	NOUN
fbem-13215	188	11	of	of	ADP
fbem-13215	188	12	environmental	environmental	ADJ
fbem-13215	188	13	regulation	regulation	NOUN
fbem-13215	188	14	has	have	VERB
fbem-13215	188	15	a	a	DET
fbem-13215	188	16	significant	significant	ADJ
fbem-13215	188	17	inhibitory	inhibitory	ADJ
fbem-13215	188	18	effect	effect	NOUN
fbem-13215	188	19	on	on	ADP
fbem-13215	188	20	the	the	DET
fbem-13215	188	21	r	r	NOUN
fbem-13215	188	22	&	&	CCONJ
fbem-13215	188	23	d	d	NOUN
fbem-13215	188	24	and	and	CCONJ
fbem-13215	188	25	innovation	innovation	NOUN
fbem-13215	188	26	of	of	ADP
fbem-13215	188	27	heavily	heavily	ADV
fbem-13215	188	28	polluting	polluting	ADJ
fbem-13215	188	29	enterprises	enterprise	NOUN
fbem-13215	188	30	,	,	PUNCT
fbem-13215	188	31	when	when	SCONJ
fbem-13215	188	32	environmental	environmental	ADJ
fbem-13215	188	33	regulation	regulation	NOUN
fbem-13215	188	34	is	be	AUX
fbem-13215	188	35	strong	strong	ADJ
fbem-13215	188	36	,	,	PUNCT
fbem-13215	188	37	the	the	DET
fbem-13215	188	38	input	input	NOUN
fbem-13215	188	39	cost	cost	NOUN
fbem-13215	188	40	of	of	ADP
fbem-13215	188	41	environmental	environmental	ADJ
fbem-13215	188	42	protection	protection	NOUN
fbem-13215	188	43	input	input	NOUN
fbem-13215	188	44	for	for	ADP
fbem-13215	188	45	enterprises	enterprise	NOUN
fbem-13215	188	46	will	will	AUX
fbem-13215	188	47	increase	increase	VERB
fbem-13215	188	48	,	,	PUNCT
fbem-13215	188	49	may	may	AUX
fbem-13215	188	50	lead	lead	VERB
fbem-13215	188	51	to	to	ADP
fbem-13215	188	52	a	a	DET
fbem-13215	188	53	shortage	shortage	NOUN
fbem-13215	188	54	of	of	ADP
fbem-13215	188	55	disposable	disposable	ADJ
fbem-13215	188	56	funds	fund	NOUN
fbem-13215	188	57	for	for	ADP
fbem-13215	188	58	enterprises	enterprise	NOUN
fbem-13215	188	59	,	,	PUNCT
fbem-13215	188	60	and	and	CCONJ
fbem-13215	188	61	then	then	ADV
fbem-13215	188	62	affect	affect	VERB
fbem-13215	188	63	the	the	DET
fbem-13215	188	64	enthusiasm	enthusiasm	NOUN
fbem-13215	188	65	of	of	ADP
fbem-13215	188	66	enterprises	enterprise	NOUN
fbem-13215	188	67	in	in	ADP
fbem-13215	188	68	innovation	innovation	NOUN
fbem-13215	188	69	,	,	PUNCT
fbem-13215	188	70	the	the	DET
fbem-13215	188	71	level	level	NOUN
fbem-13215	188	72	of	of	ADP
fbem-13215	188	73	r	r	NOUN
fbem-13215	188	74	&	&	CCONJ
fbem-13215	188	75	d	d	PROPN
fbem-13215	188	76	investment	investment	NOUN
fbem-13215	188	77	will	will	AUX
fbem-13215	188	78	be	be	AUX
fbem-13215	188	79	reduced	reduce	VERB
fbem-13215	188	80	;	;	PUNCT
fbem-13215	188	81	financing	financing	NOUN
fbem-13215	188	82	constraint	constraint	NOUN
fbem-13215	188	83	plays	play	VERB
fbem-13215	188	84	an	an	DET
fbem-13215	188	85	intermediary	intermediary	ADJ
fbem-13215	188	86	role	role	NOUN
fbem-13215	188	87	in	in	ADP
fbem-13215	188	88	the	the	DET
fbem-13215	188	89	relationship	relationship	NOUN
fbem-13215	188	90	between	between	ADP
fbem-13215	188	91	environmental	environmental	ADJ
fbem-13215	188	92	regulation	regulation	NOUN
fbem-13215	188	93	and	and	CCONJ
fbem-13215	188	94	enterprise	enterprise	NOUN
fbem-13215	188	95	innovation	innovation	NOUN
fbem-13215	188	96	,	,	PUNCT
fbem-13215	188	97	it	it	PRON
fbem-13215	188	98	shows	show	VERB
fbem-13215	188	99	that	that	SCONJ
fbem-13215	188	100	part	part	NOUN
fbem-13215	188	101	of	of	ADP
fbem-13215	188	102	the	the	DET
fbem-13215	188	103	inhibition	inhibition	NOUN
fbem-13215	188	104	of	of	ADP
fbem-13215	188	105	enterprise	enterprise	NOUN
fbem-13215	188	106	innovation	innovation	NOUN
fbem-13215	188	107	by	by	ADP
fbem-13215	188	108	environmental	environmental	ADJ
fbem-13215	188	109	regulation	regulation	NOUN
fbem-13215	188	110	is	be	AUX
fbem-13215	188	111	achieved	achieve	VERB
fbem-13215	188	112	through	through	ADP
fbem-13215	188	113	financing	financing	NOUN
fbem-13215	188	114	constraints	constraint	NOUN
fbem-13215	188	115	,	,	PUNCT
fbem-13215	188	116	the	the	PRON
fbem-13215	188	117	greater	great	ADJ
fbem-13215	188	118	the	the	DET
fbem-13215	188	119	intensity	intensity	NOUN
fbem-13215	188	120	of	of	ADP
fbem-13215	188	121	environmental	environmental	ADJ
fbem-13215	188	122	regulation	regulation	NOUN
fbem-13215	188	123	,	,	PUNCT
fbem-13215	188	124	the	the	PRON
fbem-13215	188	125	higher	high	ADJ
fbem-13215	188	126	the	the	DET
fbem-13215	188	127	financing	financing	NOUN
fbem-13215	188	128	constraints	constraint	NOUN
fbem-13215	188	129	will	will	AUX
fbem-13215	188	130	be	be	AUX
fbem-13215	188	131	,	,	PUNCT
fbem-13215	188	132	thus	thus	ADV
fbem-13215	188	133	,	,	PUNCT
fbem-13215	188	134	the	the	DET
fbem-13215	188	135	enterprise	enterprise	NOUN
fbem-13215	188	136	r	r	NOUN
fbem-13215	188	137	&	&	CCONJ
fbem-13215	188	138	d	d	NOUN
fbem-13215	188	139	investment	investment	NOUN
fbem-13215	188	140	will	will	AUX
fbem-13215	188	141	be	be	AUX
fbem-13215	188	142	reduced	reduce	VERB
fbem-13215	188	143	.	.	PUNCT
fbem-13215	189	1	6.2	6.2	NUM
fbem-13215	189	2	.	.	PUNCT
fbem-13215	189	3	policy	policy	NOUN
fbem-13215	189	4	proposal	proposal	NOUN
fbem-13215	189	5	6.2.1	6.2.1	NOUN
fbem-13215	189	6	.	.	PUNCT
fbem-13215	190	1	policy	policy	NOUN
fbem-13215	190	2	recommendations	recommendation	NOUN
fbem-13215	190	3	for	for	ADP
fbem-13215	190	4	local	local	ADJ
fbem-13215	190	5	governments	government	NOUN
fbem-13215	190	6	:	:	PUNCT
fbem-13215	190	7	formulate	formulate	VERB
fbem-13215	190	8	a	a	DET
fbem-13215	190	9	reasonable	reasonable	ADJ
fbem-13215	190	10	environmental	environmental	ADJ
fbem-13215	190	11	regulation	regulation	NOUN
fbem-13215	190	12	system	system	NOUN
fbem-13215	190	13	.	.	PUNCT
fbem-13215	191	1	as	as	SCONJ
fbem-13215	191	2	shown	show	VERB
fbem-13215	191	3	in	in	ADP
fbem-13215	191	4	the	the	DET
fbem-13215	191	5	results	result	NOUN
fbem-13215	191	6	of	of	ADP
fbem-13215	191	7	this	this	DET
fbem-13215	191	8	paper	paper	NOUN
fbem-13215	191	9	,	,	PUNCT
fbem-13215	191	10	for	for	ADP
fbem-13215	191	11	heavy	heavy	ADJ
fbem-13215	191	12	polluting	polluting	NOUN
fbem-13215	191	13	enterprises	enterprise	NOUN
fbem-13215	191	14	,	,	PUNCT
fbem-13215	191	15	when	when	SCONJ
fbem-13215	191	16	environmental	environmental	ADJ
fbem-13215	191	17	regulation	regulation	NOUN
fbem-13215	191	18	is	be	AUX
fbem-13215	191	19	too	too	ADV
fbem-13215	191	20	strong	strong	ADJ
fbem-13215	191	21	,	,	PUNCT
fbem-13215	191	22	the	the	DET
fbem-13215	191	23	pressure	pressure	NOUN
fbem-13215	191	24	from	from	ADP
fbem-13215	191	25	government	government	NOUN
fbem-13215	191	26	policies	policy	NOUN
fbem-13215	191	27	on	on	ADP
fbem-13215	191	28	environmental	environmental	ADJ
fbem-13215	191	29	pollution	pollution	NOUN
fbem-13215	191	30	control	control	NOUN
fbem-13215	191	31	makes	make	VERB
fbem-13215	191	32	the	the	DET
fbem-13215	191	33	pollution	pollution	NOUN
fbem-13215	191	34	control	control	NOUN
fbem-13215	191	35	costs	cost	NOUN
fbem-13215	191	36	incurred	incur	VERB
fbem-13215	191	37	by	by	ADP
fbem-13215	191	38	enterprises	enterprise	NOUN
fbem-13215	191	39	to	to	PART
fbem-13215	191	40	avoid	avoid	VERB
fbem-13215	191	41	political	political	ADJ
fbem-13215	191	42	costs	cost	NOUN
fbem-13215	191	43	squeeze	squeeze	VERB
fbem-13215	191	44	the	the	DET
fbem-13215	191	45	r	r	NOUN
fbem-13215	191	46	&	&	CCONJ
fbem-13215	191	47	d	d	NOUN
fbem-13215	191	48	investment	investment	NOUN
fbem-13215	191	49	to	to	ADP
fbem-13215	191	50	some	some	DET
fbem-13215	191	51	extent	extent	NOUN
fbem-13215	191	52	and	and	CCONJ
fbem-13215	191	53	reduce	reduce	VERB
fbem-13215	191	54	the	the	DET
fbem-13215	191	55	intensity	intensity	NOUN
fbem-13215	191	56	of	of	ADP
fbem-13215	191	57	r	r	NOUN
fbem-13215	191	58	&	&	CCONJ
fbem-13215	191	59	d	d	NOUN
fbem-13215	191	60	investment	investment	NOUN
fbem-13215	191	61	.	.	PUNCT
fbem-13215	192	1	in	in	ADP
fbem-13215	192	2	order	order	NOUN
fbem-13215	192	3	to	to	PART
fbem-13215	192	4	encourage	encourage	VERB
fbem-13215	192	5	enterprise	enterprise	NOUN
fbem-13215	192	6	innovation	innovation	NOUN
fbem-13215	192	7	,	,	PUNCT
fbem-13215	192	8	the	the	DET
fbem-13215	192	9	government	government	NOUN
fbem-13215	192	10	in	in	ADP
fbem-13215	192	11	environmental	environmental	ADJ
fbem-13215	192	12	regulation	regulation	NOUN
fbem-13215	192	13	policy	policy	NOUN
fbem-13215	192	14	at	at	ADP
fbem-13215	192	15	the	the	DET
fbem-13215	192	16	same	same	ADJ
fbem-13215	192	17	time	time	NOUN
fbem-13215	192	18	,	,	PUNCT
fbem-13215	192	19	can	can	AUX
fbem-13215	192	20	provide	provide	VERB
fbem-13215	192	21	guarantee	guarantee	NOUN
fbem-13215	192	22	for	for	ADP
fbem-13215	192	23	enterprise	enterprise	NOUN
fbem-13215	192	24	innovation	innovation	NOUN
fbem-13215	192	25	,	,	PUNCT
fbem-13215	192	26	such	such	ADJ
fbem-13215	192	27	as	as	ADP
fbem-13215	192	28	increasing	increase	VERB
fbem-13215	192	29	funding	funding	NOUN
fbem-13215	192	30	for	for	ADP
fbem-13215	192	31	scientific	scientific	ADJ
fbem-13215	192	32	research	research	NOUN
fbem-13215	192	33	,	,	PUNCT
fbem-13215	192	34	environmental	environmental	ADJ
fbem-13215	192	35	protection	protection	NOUN
fbem-13215	192	36	research	research	NOUN
fbem-13215	192	37	and	and	CCONJ
fbem-13215	192	38	development	development	NOUN
fbem-13215	192	39	activities	activity	NOUN
fbem-13215	192	40	for	for	ADP
fbem-13215	192	41	financial	financial	ADJ
fbem-13215	192	42	subsidies	subsidy	NOUN
fbem-13215	192	43	,	,	PUNCT
fbem-13215	192	44	etc	etc	X
fbem-13215	192	45	.	.	X
fbem-13215	192	46	,	,	PUNCT
fbem-13215	192	47	develop	develop	VERB
fbem-13215	192	48	diversified	diversified	ADJ
fbem-13215	192	49	types	type	NOUN
fbem-13215	192	50	of	of	ADP
fbem-13215	192	51	environmental	environmental	ADJ
fbem-13215	192	52	regulation	regulation	NOUN
fbem-13215	192	53	,	,	PUNCT
fbem-13215	192	54	optimize	optimize	VERB
fbem-13215	192	55	environmental	environmental	ADJ
fbem-13215	192	56	regulation	regulation	NOUN
fbem-13215	192	57	measures	measure	NOUN
fbem-13215	192	58	,	,	PUNCT
fbem-13215	192	59	to	to	PART
fbem-13215	192	60	ensure	ensure	VERB
fbem-13215	192	61	the	the	DET
fbem-13215	192	62	intensity	intensity	NOUN
fbem-13215	192	63	of	of	ADP
fbem-13215	192	64	the	the	DET
fbem-13215	192	65	environmental	environmental	ADJ
fbem-13215	192	66	regulation	regulation	NOUN
fbem-13215	192	67	within	within	ADP
fbem-13215	192	68	a	a	DET
fbem-13215	192	69	reasonable	reasonable	ADJ
fbem-13215	192	70	range	range	NOUN
fbem-13215	192	71	,	,	PUNCT
fbem-13215	192	72	the	the	DET
fbem-13215	192	73	incentive	incentive	NOUN
fbem-13215	192	74	enterprises	enterprise	NOUN
fbem-13215	192	75	for	for	ADP
fbem-13215	192	76	environmental	environmental	ADJ
fbem-13215	192	77	protection	protection	NOUN
fbem-13215	192	78	at	at	ADP
fbem-13215	192	79	the	the	DET
fbem-13215	192	80	same	same	ADJ
fbem-13215	192	81	time	time	NOUN
fbem-13215	192	82	,	,	PUNCT
fbem-13215	192	83	encourage	encourage	VERB
fbem-13215	192	84	enterprises	enterprise	NOUN
fbem-13215	192	85	to	to	PART
fbem-13215	192	86	continuously	continuously	ADV
fbem-13215	192	87	strengthen	strengthen	VERB
fbem-13215	192	88	innovation	innovation	NOUN
fbem-13215	192	89	,	,	PUNCT
fbem-13215	192	90	promote	promote	VERB
fbem-13215	192	91	the	the	DET
fbem-13215	192	92	development	development	NOUN
fbem-13215	192	93	of	of	ADP
fbem-13215	192	94	green	green	ADJ
fbem-13215	192	95	innovation	innovation	NOUN
fbem-13215	192	96	.	.	PUNCT
fbem-13215	193	1	improve	improve	VERB
fbem-13215	193	2	the	the	DET
fbem-13215	193	3	financial	financial	ADJ
fbem-13215	193	4	market	market	NOUN
fbem-13215	193	5	system	system	NOUN
fbem-13215	193	6	.	.	PUNCT
fbem-13215	194	1	local	local	ADJ
fbem-13215	194	2	governments	government	NOUN
fbem-13215	194	3	should	should	AUX
fbem-13215	194	4	actively	actively	ADV
fbem-13215	194	5	promote	promote	VERB
fbem-13215	194	6	the	the	DET
fbem-13215	194	7	process	process	NOUN
fbem-13215	194	8	of	of	ADP
fbem-13215	194	9	financial	financial	ADJ
fbem-13215	194	10	marketization	marketization	NOUN
fbem-13215	194	11	,	,	PUNCT
fbem-13215	194	12	and	and	CCONJ
fbem-13215	194	13	improve	improve	VERB
fbem-13215	194	14	the	the	DET
fbem-13215	194	15	financial	financial	ADJ
fbem-13215	194	16	system	system	NOUN
fbem-13215	194	17	by	by	ADP
fbem-13215	194	18	standardizing	standardize	VERB
fbem-13215	194	19	the	the	DET
fbem-13215	194	20	financial	financial	ADJ
fbem-13215	194	21	system	system	NOUN
fbem-13215	194	22	,	,	PUNCT
fbem-13215	194	23	strengthening	strengthen	VERB
fbem-13215	194	24	investment	investment	NOUN
fbem-13215	194	25	and	and	CCONJ
fbem-13215	194	26	financing	financing	NOUN
fbem-13215	194	27	supervision	supervision	NOUN
fbem-13215	194	28	,	,	PUNCT
fbem-13215	194	29	and	and	CCONJ
fbem-13215	194	30	establishing	establish	VERB
fbem-13215	194	31	environmental	environmental	ADJ
fbem-13215	194	32	protection	protection	NOUN
fbem-13215	194	33	financing	financing	NOUN
fbem-13215	194	34	mechanism	mechanism	NOUN
fbem-13215	194	35	,	,	PUNCT
fbem-13215	194	36	so	so	SCONJ
fbem-13215	194	37	as	as	SCONJ
fbem-13215	194	38	to	to	PART
fbem-13215	194	39	create	create	VERB
fbem-13215	194	40	a	a	DET
fbem-13215	194	41	good	good	ADJ
fbem-13215	194	42	financial	financial	ADJ
fbem-13215	194	43	environment	environment	NOUN
fbem-13215	194	44	for	for	ADP
fbem-13215	194	45	enterprise	enterprise	NOUN
fbem-13215	194	46	innovation	innovation	NOUN
fbem-13215	194	47	and	and	CCONJ
fbem-13215	194	48	strengthen	strengthen	VERB
fbem-13215	194	49	the	the	DET
fbem-13215	194	50	ability	ability	NOUN
fbem-13215	194	51	of	of	ADP
fbem-13215	194	52	enterprises	enterprise	NOUN
fbem-13215	194	53	to	to	PART
fbem-13215	194	54	obtain	obtain	VERB
fbem-13215	194	55	financial	financial	ADJ
fbem-13215	194	56	resources	resource	NOUN
fbem-13215	194	57	.	.	PUNCT
fbem-13215	195	1	an	an	DET
fbem-13215	195	2	environmental	environmental	ADJ
fbem-13215	195	3	protection	protection	NOUN
fbem-13215	195	4	financing	financing	NOUN
fbem-13215	195	5	mechanism	mechanism	NOUN
fbem-13215	195	6	will	will	AUX
fbem-13215	195	7	be	be	AUX
fbem-13215	195	8	gradually	gradually	ADV
fbem-13215	195	9	established	establish	VERB
fbem-13215	195	10	to	to	PART
fbem-13215	195	11	provide	provide	VERB
fbem-13215	195	12	sufficient	sufficient	ADJ
fbem-13215	195	13	financial	financial	ADJ
fbem-13215	195	14	support	support	NOUN
fbem-13215	195	15	for	for	ADP
fbem-13215	195	16	enterprises	enterprise	NOUN
fbem-13215	195	17	'	'	PART
fbem-13215	195	18	technological	technological	ADJ
fbem-13215	195	19	innovation	innovation	NOUN
fbem-13215	195	20	.	.	PUNCT
fbem-13215	196	1	simply	simply	ADV
fbem-13215	196	2	relying	rely	VERB
fbem-13215	196	3	on	on	ADP
fbem-13215	196	4	government	government	NOUN
fbem-13215	196	5	regulation	regulation	NOUN
fbem-13215	196	6	to	to	PART
fbem-13215	196	7	promote	promote	VERB
fbem-13215	196	8	enterprises	enterprise	NOUN
fbem-13215	196	9	to	to	PART
fbem-13215	196	10	pursue	pursue	VERB
fbem-13215	196	11	positive	positive	ADJ
fbem-13215	196	12	environmental	environmental	ADJ
fbem-13215	196	13	behavior	behavior	NOUN
fbem-13215	196	14	is	be	AUX
fbem-13215	196	15	still	still	ADV
fbem-13215	196	16	insufficient	insufficient	ADJ
fbem-13215	196	17	,	,	PUNCT
fbem-13215	196	18	requiring	require	VERB
fbem-13215	196	19	the	the	DET
fbem-13215	196	20	support	support	NOUN
fbem-13215	196	21	of	of	ADP
fbem-13215	196	22	financing	financing	NOUN
fbem-13215	196	23	mechanism	mechanism	NOUN
fbem-13215	196	24	.	.	PUNCT
fbem-13215	197	1	financing	financing	NOUN
fbem-13215	197	2	is	be	AUX
fbem-13215	197	3	an	an	DET
fbem-13215	197	4	important	important	ADJ
fbem-13215	197	5	influence	influence	NOUN
fbem-13215	197	6	condition	condition	NOUN
fbem-13215	197	7	of	of	ADP
fbem-13215	197	8	enterprise	enterprise	NOUN
fbem-13215	197	9	technological	technological	ADJ
fbem-13215	197	10	innovation	innovation	NOUN
fbem-13215	197	11	.	.	PUNCT
fbem-13215	198	1	6.2.2	6.2.2	X
fbem-13215	198	2	.	.	PUNCT
fbem-13215	199	1	suggestions	suggestion	NOUN
fbem-13215	199	2	for	for	ADP
fbem-13215	199	3	enterprises	enterprise	NOUN
fbem-13215	199	4	:	:	PUNCT
fbem-13215	199	5	actively	actively	ADV
fbem-13215	199	6	disclose	disclose	VERB
fbem-13215	199	7	environmental	environmental	ADJ
fbem-13215	199	8	information	information	NOUN
fbem-13215	199	9	.	.	PUNCT
fbem-13215	200	1	due	due	ADP
fbem-13215	200	2	to	to	ADP
fbem-13215	200	3	the	the	DET
fbem-13215	200	4	inevitable	inevitable	ADJ
fbem-13215	200	5	close	close	ADJ
fbem-13215	200	6	connection	connection	NOUN
fbem-13215	200	7	between	between	ADP
fbem-13215	200	8	external	external	ADJ
fbem-13215	200	9	financial	financial	ADJ
fbem-13215	200	10	support	support	NOUN
fbem-13215	200	11	and	and	CCONJ
fbem-13215	200	12	enterprise	enterprise	NOUN
fbem-13215	200	13	innovation	innovation	NOUN
fbem-13215	200	14	activities	activity	NOUN
fbem-13215	200	15	,	,	PUNCT
fbem-13215	200	16	enterprises	enterprise	NOUN
fbem-13215	200	17	should	should	AUX
fbem-13215	200	18	also	also	ADV
fbem-13215	200	19	start	start	VERB
fbem-13215	200	20	from	from	ADP
fbem-13215	200	21	their	their	PRON
fbem-13215	200	22	own	own	ADJ
fbem-13215	200	23	perspective	perspective	NOUN
fbem-13215	200	24	and	and	CCONJ
fbem-13215	200	25	strive	strive	VERB
fbem-13215	200	26	to	to	PART
fbem-13215	200	27	reduce	reduce	VERB
fbem-13215	200	28	the	the	DET
fbem-13215	200	29	financing	financing	NOUN
fbem-13215	200	30	constraints	constraint	NOUN
fbem-13215	200	31	they	they	PRON
fbem-13215	200	32	face	face	VERB
fbem-13215	200	33	.	.	PUNCT
fbem-13215	201	1	in	in	ADP
fbem-13215	201	2	addition	addition	NOUN
fbem-13215	201	3	to	to	ADP
fbem-13215	201	4	actively	actively	ADV
fbem-13215	201	5	improving	improve	VERB
fbem-13215	201	6	their	their	PRON
fbem-13215	201	7	own	own	ADJ
fbem-13215	201	8	business	business	NOUN
fbem-13215	201	9	and	and	CCONJ
fbem-13215	201	10	financial	financial	ADJ
fbem-13215	201	11	conditions	condition	NOUN
fbem-13215	201	12	,	,	PUNCT
fbem-13215	201	13	they	they	PRON
fbem-13215	201	14	should	should	AUX
fbem-13215	201	15	also	also	ADV
fbem-13215	201	16	take	take	VERB
fbem-13215	201	17	the	the	DET
fbem-13215	201	18	initiative	initiative	NOUN
fbem-13215	201	19	to	to	PART
fbem-13215	201	20	disclose	disclose	VERB
fbem-13215	201	21	environmental	environmental	ADJ
fbem-13215	201	22	information	information	NOUN
fbem-13215	201	23	,	,	PUNCT
fbem-13215	201	24	and	and	CCONJ
fbem-13215	201	25	show	show	VERB
fbem-13215	201	26	the	the	DET
fbem-13215	201	27	society	society	NOUN
fbem-13215	201	28	and	and	CCONJ
fbem-13215	201	29	the	the	DET
fbem-13215	201	30	public	public	NOUN
fbem-13215	201	31	their	their	PRON
fbem-13215	201	32	attitude	attitude	NOUN
fbem-13215	201	33	towards	towards	ADP
fbem-13215	201	34	environmental	environmental	ADJ
fbem-13215	201	35	responsibility	responsibility	NOUN
fbem-13215	201	36	and	and	CCONJ
fbem-13215	201	37	achievements	achievement	NOUN
fbem-13215	201	38	in	in	ADP
fbem-13215	201	39	environmental	environmental	ADJ
fbem-13215	201	40	protection	protection	NOUN
fbem-13215	201	41	,	,	PUNCT
fbem-13215	201	42	so	so	SCONJ
fbem-13215	201	43	as	as	SCONJ
fbem-13215	201	44	to	to	PART
fbem-13215	201	45	fully	fully	ADV
fbem-13215	201	46	attract	attract	VERB
fbem-13215	201	47	external	external	ADJ
fbem-13215	201	48	investors	investor	NOUN
fbem-13215	201	49	and	and	CCONJ
fbem-13215	201	50	improve	improve	VERB
fbem-13215	201	51	their	their	PRON
fbem-13215	201	52	financing	financing	NOUN
fbem-13215	201	53	ability	ability	NOUN
fbem-13215	201	54	.	.	PUNCT
fbem-13215	202	1	make	make	VERB
fbem-13215	202	2	full	full	ADJ
fbem-13215	202	3	use	use	NOUN
fbem-13215	202	4	of	of	ADP
fbem-13215	202	5	innovation	innovation	NOUN
fbem-13215	202	6	resources	resource	NOUN
fbem-13215	202	7	to	to	PART
fbem-13215	202	8	improve	improve	VERB
fbem-13215	202	9	the	the	DET
fbem-13215	202	10	innovation	innovation	NOUN
fbem-13215	202	11	ability	ability	NOUN
fbem-13215	202	12	of	of	ADP
fbem-13215	202	13	enterprises	enterprise	NOUN
fbem-13215	202	14	.	.	PUNCT
fbem-13215	203	1	scientific	scientific	ADJ
fbem-13215	203	2	research	research	NOUN
fbem-13215	203	3	personnel	personnel	NOUN
fbem-13215	203	4	is	be	AUX
fbem-13215	203	5	the	the	DET
fbem-13215	203	6	premise	premise	NOUN
fbem-13215	203	7	for	for	SCONJ
fbem-13215	203	8	enterprises	enterprise	NOUN
fbem-13215	203	9	to	to	PART
fbem-13215	203	10	innovate	innovate	VERB
fbem-13215	203	11	.	.	PUNCT
fbem-13215	204	1	enterprises	enterprise	NOUN
fbem-13215	204	2	should	should	AUX
fbem-13215	204	3	increase	increase	VERB
fbem-13215	204	4	the	the	DET
fbem-13215	204	5	introduction	introduction	NOUN
fbem-13215	204	6	of	of	ADP
fbem-13215	204	7	scientific	scientific	ADJ
fbem-13215	204	8	research	research	NOUN
fbem-13215	204	9	talents	talent	NOUN
fbem-13215	204	10	,	,	PUNCT
fbem-13215	204	11	improve	improve	VERB
fbem-13215	204	12	the	the	DET
fbem-13215	204	13	construction	construction	NOUN
fbem-13215	204	14	of	of	ADP
fbem-13215	204	15	scientific	scientific	ADJ
fbem-13215	204	16	research	research	NOUN
fbem-13215	204	17	talents	talent	NOUN
fbem-13215	204	18	team	team	NOUN
fbem-13215	204	19	,	,	PUNCT
fbem-13215	204	20	strengthen	strengthen	VERB
fbem-13215	204	21	the	the	DET
fbem-13215	204	22	cooperation	cooperation	NOUN
fbem-13215	204	23	with	with	ADP
fbem-13215	204	24	major	major	ADJ
fbem-13215	204	25	institutions	institution	NOUN
fbem-13215	204	26	of	of	ADP
fbem-13215	204	27	higher	high	ADJ
fbem-13215	204	28	learning	learning	NOUN
fbem-13215	204	29	,	,	PUNCT
fbem-13215	204	30	provide	provide	VERB
fbem-13215	204	31	a	a	DET
fbem-13215	204	32	good	good	ADJ
fbem-13215	204	33	platform	platform	NOUN
fbem-13215	204	34	for	for	ADP
fbem-13215	204	35	the	the	DET
fbem-13215	204	36	development	development	NOUN
fbem-13215	204	37	of	of	ADP
fbem-13215	204	38	scientific	scientific	ADJ
fbem-13215	204	39	research	research	NOUN
fbem-13215	204	40	talents	talent	NOUN
fbem-13215	204	41	,	,	PUNCT
fbem-13215	204	42	retain	retain	VERB
fbem-13215	204	43	talents	talent	NOUN
fbem-13215	204	44	through	through	ADP
fbem-13215	204	45	equity	equity	NOUN
fbem-13215	204	46	incentive	incentive	NOUN
fbem-13215	204	47	,	,	PUNCT
fbem-13215	204	48	and	and	CCONJ
fbem-13215	204	49	prevent	prevent	VERB
fbem-13215	204	50	the	the	DET
fbem-13215	204	51	brain	brain	NOUN
fbem-13215	204	52	drain	drain	NOUN
fbem-13215	204	53	.	.	PUNCT
fbem-13215	205	1	when	when	SCONJ
fbem-13215	205	2	enterprise	enterprise	NOUN
fbem-13215	205	3	innovation	innovation	NOUN
fbem-13215	205	4	can	can	AUX
fbem-13215	205	5	bring	bring	VERB
fbem-13215	205	6	economic	economic	ADJ
fbem-13215	205	7	benefits	benefit	NOUN
fbem-13215	205	8	to	to	ADP
fbem-13215	205	9	it	it	PRON
fbem-13215	205	10	,	,	PUNCT
fbem-13215	205	11	the	the	DET
fbem-13215	205	12	willingness	willingness	NOUN
fbem-13215	205	13	of	of	ADP
fbem-13215	205	14	enterprises	enterprise	NOUN
fbem-13215	205	15	to	to	PART
fbem-13215	205	16	carry	carry	VERB
fbem-13215	205	17	out	out	ADP
fbem-13215	205	18	environmental	environmental	ADJ
fbem-13215	205	19	protection	protection	NOUN
fbem-13215	205	20	will	will	AUX
fbem-13215	205	21	also	also	ADV
fbem-13215	205	22	be	be	AUX
fbem-13215	205	23	strengthened	strengthen	VERB
fbem-13215	205	24	,	,	PUNCT
fbem-13215	205	25	thus	thus	ADV
fbem-13215	205	26	reducing	reduce	VERB
fbem-13215	205	27	environmental	environmental	ADJ
fbem-13215	205	28	pollution	pollution	NOUN
fbem-13215	205	29	.	.	PUNCT
fbem-13215	206	1	therefore	therefore	ADV
fbem-13215	206	2	,	,	PUNCT
fbem-13215	206	3	enterprises	enterprise	NOUN
fbem-13215	206	4	should	should	AUX
fbem-13215	206	5	make	make	VERB
fbem-13215	206	6	full	full	ADJ
fbem-13215	206	7	use	use	NOUN
fbem-13215	206	8	of	of	ADP
fbem-13215	206	9	all	all	DET
fbem-13215	206	10	kinds	kind	NOUN
fbem-13215	206	11	of	of	ADP
fbem-13215	206	12	innovation	innovation	NOUN
fbem-13215	206	13	resources	resource	NOUN
fbem-13215	206	14	,	,	PUNCT
fbem-13215	206	15	improve	improve	VERB
fbem-13215	206	16	their	their	PRON
fbem-13215	206	17	innovation	innovation	NOUN
fbem-13215	206	18	ability	ability	NOUN
fbem-13215	206	19	,	,	PUNCT
fbem-13215	206	20	and	and	CCONJ
fbem-13215	206	21	promote	promote	VERB
fbem-13215	206	22	the	the	DET
fbem-13215	206	23	sustainable	sustainable	ADJ
fbem-13215	206	24	development	development	NOUN
fbem-13215	206	25	of	of	ADP
fbem-13215	206	26	enterprises	enterprise	NOUN
fbem-13215	206	27	.	.	PUNCT
fbem-13215	207	1	references	reference	NOUN
fbem-13215	207	2	[	[	X
fbem-13215	207	3	1	1	X
fbem-13215	207	4	]	]	PUNCT
fbem-13215	207	5	wang	wang	PROPN
fbem-13215	207	6	haifeng	haifeng	PROPN
fbem-13215	207	7	,	,	PUNCT
fbem-13215	207	8	hou	hou	PROPN
fbem-13215	207	9	junxia	junxia	PROPN
fbem-13215	207	10	.	.	PUNCT
fbem-13215	208	1	the	the	DET
fbem-13215	208	2	impact	impact	NOUN
fbem-13215	208	3	of	of	ADP
fbem-13215	208	4	government	government	NOUN
fbem-13215	208	5	green	green	ADJ
fbem-13215	208	6	subsidies	subsidy	NOUN
fbem-13215	208	7	on	on	ADP
fbem-13215	208	8	the	the	DET
fbem-13215	208	9	green	green	ADJ
fbem-13215	208	10	investment	investment	NOUN
fbem-13215	208	11	of	of	ADP
fbem-13215	208	12	industrial	industrial	ADJ
fbem-13215	208	13	enterprises	enterprise	NOUN
fbem-13215	208	14	from	from	ADP
fbem-13215	208	15	the	the	DET
fbem-13215	208	16	perspective	perspective	NOUN
fbem-13215	208	17	of	of	ADP
fbem-13215	208	18	financing	financing	NOUN
fbem-13215	208	19	constraints	constraint	NOUN
fbem-13215	208	20	[	[	X
fbem-13215	208	21	j	j	X
fbem-13215	208	22	]	]	X
fbem-13215	208	23	.	.	PUNCT
fbem-13215	209	1	financial	financial	ADJ
fbem-13215	209	2	theory	theory	NOUN
fbem-13215	209	3	exploration	exploration	NOUN
fbem-13215	209	4	,	,	PUNCT
fbem-13215	209	5	2021(06):5265.doi:10.16620	2021(06):5265.doi:10.16620	PROPN
fbem-13215	209	6	/	/	SYM
fbem-13215	209	7	j.cnki.jrjy.2021.06.005	j.cnki.jrjy.2021.06.005	PROPN
fbem-13215	209	8	.	.	PUNCT
fbem-13215	210	1	[	[	X
fbem-13215	210	2	2	2	NUM
fbem-13215	210	3	]	]	X
fbem-13215	210	4	dale	dale	PROPN
fbem-13215	210	5	w.jorgenson	w.jorgenson	PROPN
fbem-13215	210	6	,	,	PUNCT
fbem-13215	210	7	peter	peter	PROPN
fbem-13215	211	1	j.wilcoxen	j.wilcoxen	AUX
fbem-13215	211	2	.	.	PUNCT
fbem-13215	212	1	environmental	environmental	ADJ
fbem-13215	212	2	regulation	regulation	NOUN
fbem-13215	212	3	and	and	CCONJ
fbem-13215	212	4	u.s.economic	u.s.economic	ADJ
fbem-13215	212	5	growth	growth	NOUN
fbem-13215	213	1	[	[	X
fbem-13215	213	2	j	j	X
fbem-13215	213	3	]	]	X
fbem-13215	213	4	.	.	PUNCT
fbem-13215	214	1	the	the	DET
fbem-13215	214	2	rand	rand	PROPN
fbem-13215	214	3	journal	journal	PROPN
fbem-13215	214	4	of	of	ADP
fbem-13215	214	5	economics,1990,21(2	economics,1990,21(2	PROPN
fbem-13215	214	6	):	):	PUNCT
fbem-13215	214	7	[	[	X
fbem-13215	214	8	3	3	X
fbem-13215	214	9	]	]	PUNCT
fbem-13215	214	10	yu	yu	PROPN
fbem-13215	214	11	jianzhong	jianzhong	PROPN
fbem-13215	214	12	,	,	PUNCT
fbem-13215	214	13	chen	chen	PROPN
fbem-13215	214	14	yanhong	yanhong	PROPN
fbem-13215	214	15	.	.	PUNCT
fbem-13215	215	1	the	the	DET
fbem-13215	215	2	threshold	threshold	NOUN
fbem-13215	215	3	effect	effect	NOUN
fbem-13215	215	4	of	of	ADP
fbem-13215	215	5	government	government	NOUN
fbem-13215	215	6	subsidies	subsidy	NOUN
fbem-13215	215	7	on	on	ADP
fbem-13215	215	8	enterprise	enterprise	NOUN
fbem-13215	215	9	r	r	NOUN
fbem-13215	215	10	&	&	CCONJ
fbem-13215	215	11	d	d	NOUN
fbem-13215	215	12	investment	investment	NOUN
fbem-13215	215	13	—	—	PUNCT
fbem-13215	215	14	—	—	PUNCT
fbem-13215	215	15	based	base	VERB
fbem-13215	215	16	on	on	ADP
fbem-13215	215	17	the	the	DET
fbem-13215	215	18	perspective	perspective	NOUN
fbem-13215	215	19	of	of	ADP
fbem-13215	215	20	differences	difference	NOUN
fbem-13215	215	21	in	in	ADP
fbem-13215	215	22	financing	financing	NOUN
fbem-13215	215	23	constraints	constraint	NOUN
fbem-13215	215	24	[	[	X
fbem-13215	215	25	j	j	X
fbem-13215	215	26	]	]	X
fbem-13215	215	27	.	.	PUNCT
fbem-13215	216	1	zhejiang	zhejiang	PROPN
fbem-13215	216	2	social	social	PROPN
fbem-13215	216	3	science	science	NOUN
fbem-13215	216	4	,	,	PUNCT
fbem-13215	216	5	2021(10):1222	2021(10):1222	NUM
fbem-13215	216	6	+	+	NOUN
fbem-13215	216	7	155.doi:10.14167	155.doi:10.14167	NUM
fbem-13215	216	8	/	/	SYM
fbem-13215	216	9	j.zjss.2021.10.002	j.zjss.2021.10.002	NOUN
fbem-13215	216	10	.	.	PUNCT
fbem-13215	217	1	[	[	X
fbem-13215	217	2	4	4	X
fbem-13215	217	3	]	]	PUNCT
fbem-13215	217	4	thomas	thomas	PROPN
fbem-13215	217	5	j.dean	j.dean	PROPN
fbem-13215	217	6	,	,	PUNCT
fbem-13215	217	7	robert	robert	PROPN
fbem-13215	217	8	l.brown.pollution	l.brown.pollution	PROPN
fbem-13215	217	9	regulation	regulation	NOUN
fbem-13215	217	10	as	as	ADP
fbem-13215	217	11	a	a	DET
fbem-13215	217	12	barrier	barrier	NOUN
fbem-13215	217	13	to	to	ADP
fbem-13215	217	14	new	new	ADJ
fbem-13215	217	15	firm	firm	ADJ
fbem-13215	217	16	entry	entry	NOUN
fbem-13215	217	17	:	:	PUNCT
fbem-13215	217	18	initial	initial	ADJ
fbem-13215	217	19	evidence	evidence	NOUN
fbem-13215	217	20	and	and	CCONJ
fbem-13215	217	21	implications	implication	NOUN
fbem-13215	217	22	for	for	ADP
fbem-13215	217	23	future	future	ADJ
fbem-13215	217	24	research[j].the	research[j].the	DET
fbem-13215	217	25	academy	academy	PROPN
fbem-13215	217	26	of	of	ADP
fbem-13215	217	27	management	management	NOUN
fbem-13215	217	28	journal,1995,38(1	journal,1995,38(1	NOUN
fbem-13215	217	29	):	):	PUNCT
fbem-13215	217	30	[	[	X
fbem-13215	217	31	5	5	X
fbem-13215	217	32	]	]	X
fbem-13215	217	33	wang	wang	PROPN
fbem-13215	217	34	wanqiu	wanqiu	PROPN
fbem-13215	217	35	,	,	PUNCT
fbem-13215	217	36	xing	xing	PROPN
fbem-13215	217	37	yue	yue	PROPN
fbem-13215	217	38	.	.	PUNCT
fbem-13215	217	39	research	research	NOUN
fbem-13215	217	40	on	on	ADP
fbem-13215	217	41	the	the	DET
fbem-13215	217	42	mechanism	mechanism	NOUN
fbem-13215	217	43	of	of	ADP
fbem-13215	217	44	the	the	DET
fbem-13215	217	45	influence	influence	NOUN
fbem-13215	217	46	of	of	ADP
fbem-13215	217	47	innovation	innovation	NOUN
fbem-13215	217	48	subsidy	subsidy	NOUN
fbem-13215	217	49	on	on	ADP
fbem-13215	217	50	r	r	NOUN
fbem-13215	217	51	&	&	CCONJ
fbem-13215	217	52	d	d	NOUN
fbem-13215	217	53	investment	investment	NOUN
fbem-13215	217	54	after	after	ADP
fbem-13215	217	55	enterprise	enterprise	NOUN
fbem-13215	217	56	technology	technology	NOUN
fbem-13215	217	57	acquisition	acquisition	NOUN
fbem-13215	217	58	[	[	X
fbem-13215	217	59	j	j	X
fbem-13215	217	60	]	]	X
fbem-13215	217	61	.	.	PUNCT
fbem-13215	218	1	scientific	scientific	ADJ
fbem-13215	218	2	research	research	NOUN
fbem-13215	218	3	management	management	NOUN
fbem-13215	218	4	,	,	PUNCT
fbem-13215	218	5	2021,42(04):82	2021,42(04):82	NOUN
fbem-13215	218	6	-	-	ADJ
fbem-13215	218	7	91.doi:10.19571	91.doi:10.19571	ADJ
fbem-13215	218	8	/	/	SYM
fbem-13215	218	9	j.cnki.10002995.2021.04.009	j.cnki.10002995.2021.04.009	NOUN
fbem-13215	218	10	.	.	PUNCT
fbem-13215	219	1	[	[	X
fbem-13215	219	2	6	6	NUM
fbem-13215	219	3	]	]	PUNCT
fbem-13215	219	4	manuel	manuel	PROPN
fbem-13215	219	5	frondel	frondel	PROPN
fbem-13215	219	6	,	,	PUNCT
fbem-13215	219	7	jens	jens	PROPN
fbem-13215	219	8	horbach	horbach	VERB
fbem-13215	219	9	,	,	PUNCT
fbem-13215	219	10	klaus	klaus	NOUN
fbem-13215	219	11	rennings	renning	NOUN
fbem-13215	219	12	.end‐of‐pipe	.end‐of‐pipe	PUNCT
fbem-13215	219	13	or	or	CCONJ
fbem-13215	219	14	cleaner	clean	ADJ
fbem-13215	219	15	production	production	NOUN
fbem-13215	219	16	?	?	PUNCT
fbem-13215	220	1	an	an	DET
fbem-13215	220	2	empirical	empirical	ADJ
fbem-13215	220	3	comparison	comparison	NOUN
fbem-13215	220	4	of	of	ADP
fbem-13215	220	5	environmental	environmental	ADJ
fbem-13215	220	6	innovation	innovation	NOUN
fbem-13215	220	7	decisions	decision	NOUN
fbem-13215	220	8	across	across	ADP
fbem-13215	220	9	oecd	oecd	PROPN
fbem-13215	220	10	countries	country	NOUN
fbem-13215	221	1	[	[	X
fbem-13215	221	2	j	j	X
fbem-13215	221	3	]	]	X
fbem-13215	221	4	.	.	PUNCT
fbem-13215	222	1	business	business	NOUN
fbem-13215	222	2	strategy	strategy	NOUN
fbem-13215	222	3	and	and	CCONJ
fbem-13215	222	4	the	the	DET
fbem-13215	222	5	environment	environment	NOUN
fbem-13215	222	6	,	,	PUNCT
fbem-13215	222	7	2007,16(8	2007,16(8	NOUN
fbem-13215	222	8	):	):	PUNCT
fbem-13215	223	1	[	[	X
fbem-13215	223	2	7	7	X
fbem-13215	223	3	]	]	X
fbem-13215	223	4	qin	qin	PROPN
fbem-13215	223	5	yu	yu	PROPN
fbem-13215	223	6	,	,	PUNCT
fbem-13215	223	7	wang	wang	PROPN
fbem-13215	223	8	yihong	yihong	PROPN
fbem-13215	223	9	.	.	PUNCT
fbem-13215	224	1	environmental	environmental	ADJ
fbem-13215	224	2	regulation	regulation	NOUN
fbem-13215	224	3	,	,	PUNCT
fbem-13215	224	4	financing	financing	NOUN
fbem-13215	224	5	constraints	constraint	NOUN
fbem-13215	224	6	and	and	CCONJ
fbem-13215	224	7	the	the	DET
fbem-13215	224	8	selection	selection	NOUN
fbem-13215	224	9	of	of	ADP
fbem-13215	224	10	green	green	ADJ
fbem-13215	224	11	investment	investment	NOUN
fbem-13215	224	12	path	path	NOUN
fbem-13215	224	13	for	for	ADP
fbem-13215	224	14	heavily	heavily	ADV
fbem-13215	224	15	polluting	pollute	VERB
fbem-13215	224	16	enterprises	enterprise	NOUN
fbem-13215	224	17	[	[	X
fbem-13215	224	18	j	j	X
fbem-13215	224	19	]	]	X
fbem-13215	224	20	.	.	PUNCT
fbem-13215	225	1	financial	financial	ADJ
fbem-13215	225	2	theory	theory	NOUN
fbem-13215	225	3	cluster	cluster	NOUN
fbem-13215	225	4	,	,	PUNCT
fbem-13215	225	5	2020(10):75	2020(10):75	NUM
fbem-13215	225	6	-	-	PUNCT
fbem-13215	225	7	84.doi:10.13762	84.doi:10.13762	NUM
fbem-13215	225	8	/	/	SYM
fbem-13215	225	9	j.cnki.cjlc.2020.10.007	j.cnki.cjlc.2020.10.007	PROPN
fbem-13215	225	10	.	.	PUNCT
fbem-13215	226	1	201	201	NUM
fbem-13215	227	1	[	[	NOUN
fbem-13215	227	2	8	8	NUM
fbem-13215	227	3	]	]	X
fbem-13215	227	4	kneller	kneller	PROPN
fbem-13215	227	5	richard	richard	PROPN
fbem-13215	227	6	,	,	PUNCT
fbem-13215	227	7	manderson	manderson	PROPN
fbem-13215	227	8	edward	edward	PROPN
fbem-13215	227	9	.	.	PUNCT
fbem-13215	228	1	environmental	environmental	ADJ
fbem-13215	228	2	regulations	regulation	NOUN
fbem-13215	228	3	and	and	CCONJ
fbem-13215	228	4	innovation	innovation	NOUN
fbem-13215	228	5	activity	activity	NOUN
fbem-13215	228	6	in	in	ADP
fbem-13215	228	7	uk	uk	PROPN
fbem-13215	228	8	manufacturing	manufacturing	NOUN
fbem-13215	228	9	industries	industry	NOUN
fbem-13215	229	1	[	[	X
fbem-13215	229	2	j	j	X
fbem-13215	229	3	]	]	X
fbem-13215	229	4	.	.	PUNCT
fbem-13215	229	5	resource	resource	NOUN
fbem-13215	229	6	and	and	CCONJ
fbem-13215	229	7	energy	energy	NOUN
fbem-13215	229	8	economics,2011,34(2	economics,2011,34(2	NOUN
fbem-13215	229	9	):	):	PUNCT
fbem-13215	230	1	[	[	X
fbem-13215	230	2	9	9	NUM
fbem-13215	230	3	]	]	X
fbem-13215	230	4	yang	yang	PROPN
fbem-13215	230	5	guozhong	guozhong	PROPN
fbem-13215	230	6	,	,	PUNCT
fbem-13215	230	7	xi	xi	ADP
fbem-13215	230	8	yuting	yute	VERB
fbem-13215	230	9	.	.	PUNCT
fbem-13215	231	1	empirical	empirical	ADJ
fbem-13215	231	2	study	study	NOUN
fbem-13215	231	3	on	on	ADP
fbem-13215	231	4	the	the	DET
fbem-13215	231	5	financing	financing	NOUN
fbem-13215	231	6	constraints	constraint	NOUN
fbem-13215	231	7	of	of	ADP
fbem-13215	231	8	enterprise	enterprise	NOUN
fbem-13215	231	9	green	green	ADJ
fbem-13215	231	10	technology	technology	NOUN
fbem-13215	231	11	innovation	innovation	NOUN
fbem-13215	231	12	activities	activity	NOUN
fbem-13215	231	13	[	[	X
fbem-13215	231	14	j	j	X
fbem-13215	231	15	]	]	X
fbem-13215	231	16	.	.	PUNCT
fbem-13215	232	1	industrial	industrial	ADJ
fbem-13215	232	2	technology	technology	NOUN
fbem-13215	232	3	and	and	CCONJ
fbem-13215	232	4	economy	economy	NOUN
fbem-13215	232	5	,	,	PUNCT
fbem-13215	232	6	2019,38	2019,38	NUM
fbem-13215	232	7	(	(	PUNCT
fbem-13215	232	8	11	11	NUM
fbem-13215	232	9	):	):	PUNCT
fbem-13215	232	10	70	70	NUM
fbem-13215	232	11	-	-	SYM
fbem-13215	232	12	76	76	NUM
fbem-13215	232	13	.	.	PUNCT
fbem-13215	233	1	[	[	X
fbem-13215	233	2	10	10	NUM
fbem-13215	233	3	]	]	X
fbem-13215	233	4	cai	cai	PROPN
fbem-13215	233	5	wu	wu	PROPN
fbem-13215	233	6	drive	drive	PROPN
fbem-13215	233	7	,	,	PUNCT
fbem-13215	233	8	li	li	PROPN
fbem-13215	233	9	qingqing	qingqing	PROPN
fbem-13215	233	10	.	.	PUNCT
fbem-13215	234	1	study	study	NOUN
fbem-13215	234	2	on	on	ADP
fbem-13215	234	3	the	the	DET
fbem-13215	234	4	dual	dual	ADJ
fbem-13215	234	5	influence	influence	NOUN
fbem-13215	234	6	of	of	ADP
fbem-13215	234	7	environmental	environmental	ADJ
fbem-13215	234	8	regulation	regulation	NOUN
fbem-13215	234	9	on	on	ADP
fbem-13215	234	10	enterprise	enterprise	NOUN
fbem-13215	234	11	ecological	ecological	ADJ
fbem-13215	234	12	technology	technology	NOUN
fbem-13215	234	13	innovation	innovation	NOUN
fbem-13215	235	1	[	[	X
fbem-13215	235	2	j	j	X
fbem-13215	235	3	]	]	X
fbem-13215	235	4	.	.	PUNCT
fbem-13215	236	1	scientific	scientific	ADJ
fbem-13215	236	2	research	research	NOUN
fbem-13215	236	3	management	management	NOUN
fbem-13215	236	4	,	,	PUNCT
fbem-13215	236	5	2019	2019	NUM
fbem-13215	236	6	,	,	PUNCT
fbem-13215	236	7	40	40	NUM
fbem-13215	236	8	(	(	PUNCT
fbem-13215	236	9	10):87	10):87	NUM
fbem-13215	236	10	-	-	SYM
fbem-13215	236	11	95.doi:10.19571	95.doi:10.19571	NUM
fbem-13215	236	12	/	/	SYM
fbem-13215	236	13	j.cnki.1000	j.cnki.1000	NOUN
fbem-13215	236	14	-	-	NOUN
fbem-13215	236	15	2995.2019.10.008	2995.2019.10.008	NOUN
fbem-13215	236	16	.	.	PUNCT
fbem-13215	237	1	[	[	X
fbem-13215	237	2	11	11	NUM
fbem-13215	237	3	]	]	PUNCT
fbem-13215	237	4	yu	yu	PROPN
fbem-13215	237	5	kexin	kexin	PROPN
fbem-13215	237	6	,	,	PUNCT
fbem-13215	237	7	hu	hu	PROPN
fbem-13215	237	8	yongqiang	yongqiang	PROPN
fbem-13215	237	9	,	,	PUNCT
fbem-13215	237	10	song	song	PROPN
fbem-13215	237	11	zhe	zhe	PROPN
fbem-13215	237	12	.	.	PROPN
fbem-13215	237	13	environmental	environmental	ADJ
fbem-13215	237	14	regulation	regulation	NOUN
fbem-13215	237	15	,	,	PUNCT
fbem-13215	237	16	government	government	NOUN
fbem-13215	237	17	support	support	NOUN
fbem-13215	237	18	and	and	CCONJ
fbem-13215	237	19	green	green	ADJ
fbem-13215	237	20	technology	technology	NOUN
fbem-13215	237	21	innovation	innovation	NOUN
fbem-13215	237	22	—	—	PUNCT
fbem-13215	237	23	—	—	PUNCT
fbem-13215	237	24	empirical	empirical	ADJ
fbem-13215	237	25	research	research	NOUN
fbem-13215	237	26	based	base	VERB
fbem-13215	237	27	on	on	ADP
fbem-13215	237	28	resource	resource	NOUN
fbem-13215	237	29	-	-	PUNCT
fbem-13215	237	30	based	base	VERB
fbem-13215	237	31	enterprises	enterprise	NOUN
fbem-13215	237	32	[	[	X
fbem-13215	237	33	j	j	X
fbem-13215	237	34	]	]	X
fbem-13215	237	35	.	.	PUNCT
fbem-13215	238	1	journal	journal	PROPN
fbem-13215	238	2	of	of	ADP
fbem-13215	238	3	yunnan	yunnan	PROPN
fbem-13215	238	4	university	university	PROPN
fbem-13215	238	5	of	of	ADP
fbem-13215	238	6	finance	finance	NOUN
fbem-13215	238	7	and	and	CCONJ
fbem-13215	238	8	economics	economic	NOUN
fbem-13215	238	9	,	,	PUNCT
fbem-13215	238	10	2019,35(04):100	2019,35(04):100	PROPN
fbem-13215	238	11	-	-	SYM
fbem-13215	238	12	112.doi:10.16537	112.doi:10.16537	NUM
fbem-13215	238	13	/	/	SYM
fbem-13215	238	14	j.cnki.jynufe.000434	j.cnki.jynufe.000434	NOUN
fbem-13215	238	15	.	.	PUNCT
fbem-13215	239	1	[	[	X
fbem-13215	239	2	12	12	NUM
fbem-13215	239	3	]	]	X
fbem-13215	239	4	sheng	sheng	PROPN
fbem-13215	239	5	dan	dan	PROPN
fbem-13215	239	6	,	,	PUNCT
fbem-13215	239	7	zhang	zhang	PROPN
fbem-13215	239	8	guofeng	guofeng	PROPN
fbem-13215	239	9	.	.	PUNCT
fbem-13215	240	1	environmental	environmental	ADJ
fbem-13215	240	2	control	control	NOUN
fbem-13215	240	3	and	and	CCONJ
fbem-13215	240	4	total	total	ADJ
fbem-13215	240	5	factor	factor	NOUN
fbem-13215	240	6	productivity	productivity	NOUN
fbem-13215	240	7	growth	growth	NOUN
fbem-13215	240	8	of	of	ADP
fbem-13215	240	9	enterprises	enterprise	NOUN
fbem-13215	240	10	in	in	ADP
fbem-13215	240	11	the	the	DET
fbem-13215	240	12	two	two	NUM
fbem-13215	240	13	control	control	NOUN
fbem-13215	240	14	areas	area	NOUN
fbem-13215	241	1	[	[	X
fbem-13215	241	2	j	j	X
fbem-13215	241	3	]	]	X
fbem-13215	241	4	.	.	PUNCT
fbem-13215	242	1	management	management	NOUN
fbem-13215	242	2	the	the	DET
fbem-13215	242	3	world	world	NOUN
fbem-13215	242	4	,	,	PUNCT
fbem-13215	242	5	2019,35(02):2442	2019,35(02):2442	NUM
fbem-13215	242	6	+	+	SYM
fbem-13215	242	7	198.doi:10.19744	198.doi:10.19744	NUM
fbem-13215	242	8	/	/	SYM
fbem-13215	242	9	j.cnki	j.cnki	NOUN
fbem-13215	242	10	.11	.11	NUM
fbem-13215	242	11	-	-	SYM
fbem-13215	242	12	1235	1235	NUM
fbem-13215	242	13	/	/	SYM
fbem-13215	242	14	f.2019.0018	f.2019.0018	NOUN
fbem-13215	242	15	.	.	PUNCT
fbem-13215	243	1	[	[	X
fbem-13215	243	2	13	13	NUM
fbem-13215	243	3	]	]	X
fbem-13215	243	4	zhou	zhou	PROPN
fbem-13215	243	5	kaiguo	kaiguo	PROPN
fbem-13215	243	6	,	,	PUNCT
fbem-13215	243	7	lu	lu	PROPN
fbem-13215	243	8	yunzhi	yunzhi	PROPN
fbem-13215	243	9	,	,	PUNCT
fbem-13215	243	10	yang	yang	PROPN
fbem-13215	243	11	haisheng	haisheng	PROPN
fbem-13215	243	12	.	.	PUNCT
fbem-13215	244	1	financing	financing	NOUN
fbem-13215	244	2	constraints	constraint	NOUN
fbem-13215	244	3	,	,	PUNCT
fbem-13215	244	4	innovation	innovation	NOUN
fbem-13215	244	5	ability	ability	NOUN
fbem-13215	244	6	and	and	CCONJ
fbem-13215	244	7	collaborative	collaborative	ADJ
fbem-13215	244	8	innovation	innovation	NOUN
fbem-13215	244	9	of	of	ADP
fbem-13215	244	10	enterprises	enterprise	NOUN
fbem-13215	244	11	[	[	X
fbem-13215	244	12	j	j	X
fbem-13215	244	13	]	]	X
fbem-13215	244	14	.	.	PUNCT
fbem-13215	245	1	economic	economic	ADJ
fbem-13215	245	2	research	research	NOUN
fbem-13215	245	3	,	,	PUNCT
fbem-13215	245	4	2017,52	2017,52	NUM
fbem-13215	245	5	(	(	PUNCT
fbem-13215	245	6	07	07	NUM
fbem-13215	245	7	):	):	PUNCT
fbem-13215	245	8	94	94	NUM
fbem-13215	245	9	-	-	SYM
fbem-13215	245	10	108	108	NUM
fbem-13215	245	11	.	.	PUNCT
fbem-13215	246	1	[	[	X
fbem-13215	246	2	14	14	NUM
fbem-13215	246	3	]	]	X
fbem-13215	246	4	lou	lou	PROPN
fbem-13215	246	5	changlong	changlong	PROPN
fbem-13215	246	6	,	,	PUNCT
fbem-13215	246	7	ran	run	VERB
fbem-13215	246	8	maosheng	maosheng	NOUN
fbem-13215	246	9	.	.	PUNCT
fbem-13215	247	1	the	the	DET
fbem-13215	247	2	influence	influence	NOUN
fbem-13215	247	3	of	of	ADP
fbem-13215	247	4	environmental	environmental	ADJ
fbem-13215	247	5	regulation	regulation	NOUN
fbem-13215	247	6	on	on	ADP
fbem-13215	247	7	enterprise	enterprise	NOUN
fbem-13215	247	8	technological	technological	ADJ
fbem-13215	247	9	innovation	innovation	NOUN
fbem-13215	247	10	under	under	ADP
fbem-13215	247	11	the	the	DET
fbem-13215	247	12	constraint	constraint	NOUN
fbem-13215	247	13	of	of	ADP
fbem-13215	247	14	financing	financing	NOUN
fbem-13215	247	15	[	[	X
fbem-13215	247	16	j	j	X
fbem-13215	247	17	]	]	X
fbem-13215	247	18	.	.	PUNCT
fbem-13215	248	1	systems	system	NOUN
fbem-13215	248	2	engineering	engineering	PROPN
fbem-13215	248	3	,	,	PUNCT
fbem-13215	248	4	2016,34	2016,34	NUM
fbem-13215	248	5	(	(	PUNCT
fbem-13215	248	6	12	12	NUM
fbem-13215	248	7	):	):	PUNCT
fbem-13215	248	8	62	62	NUM
fbem-13215	248	9	-	-	SYM
fbem-13215	248	10	69	69	NUM
fbem-13215	248	11	.	.	PUNCT
fbem-13215	249	1	[	[	X
fbem-13215	249	2	15	15	NUM
fbem-13215	249	3	]	]	X
fbem-13215	249	4	zhang	zhang	PROPN
fbem-13215	249	5	ping	ping	PROPN
fbem-13215	249	6	,	,	PUNCT
fbem-13215	249	7	zhang	zhang	PROPN
fbem-13215	249	8	pengpeng	pengpeng	PROPN
fbem-13215	249	9	,	,	PUNCT
fbem-13215	249	10	cai	cai	PROPN
fbem-13215	249	11	guoqing	guoqing	NOUN
fbem-13215	249	12	.	.	PUNCT
fbem-13215	250	1	a	a	DET
fbem-13215	250	2	comparative	comparative	ADJ
fbem-13215	250	3	study	study	NOUN
fbem-13215	250	4	on	on	ADP
fbem-13215	250	5	the	the	DET
fbem-13215	250	6	impact	impact	NOUN
fbem-13215	250	7	of	of	ADP
fbem-13215	250	8	different	different	ADJ
fbem-13215	250	9	types	type	NOUN
fbem-13215	250	10	of	of	ADP
fbem-13215	250	11	environmental	environmental	ADJ
fbem-13215	250	12	regulations	regulation	NOUN
fbem-13215	250	13	on	on	ADP
fbem-13215	250	14	enterprise	enterprise	NOUN
fbem-13215	250	15	technology	technology	NOUN
fbem-13215	250	16	innovation	innovation	NOUN
fbem-13215	251	1	[	[	X
fbem-13215	251	2	j	j	X
fbem-13215	251	3	]	]	X
fbem-13215	251	4	.	.	PUNCT
fbem-13215	252	1	chinese	chinese	ADJ
fbem-13215	252	2	population	population	NOUN
fbem-13215	252	3	,	,	PUNCT
fbem-13215	252	4	resources	resource	NOUN
fbem-13215	252	5	and	and	CCONJ
fbem-13215	252	6	environment	environment	NOUN
fbem-13215	252	7	,	,	PUNCT
fbem-13215	252	8	2016,26	2016,26	NOUN
fbem-13215	252	9	(	(	PUNCT
fbem-13215	252	10	04	04	NUM
fbem-13215	252	11	):	):	PUNCT
fbem-13215	252	12	8	8	NUM
fbem-13215	252	13	-	-	SYM
fbem-13215	252	14	13	13	NUM
fbem-13215	252	15	.	.	PUNCT
fbem-13215	253	1	[	[	X
fbem-13215	253	2	16	16	NUM
fbem-13215	253	3	]	]	PUNCT
fbem-13215	253	4	shui	shui	PROPN
fbem-13215	253	5	huili	huili	PROPN
fbem-13215	253	6	,	,	PUNCT
fbem-13215	253	7	han	han	PROPN
fbem-13215	253	8	qinglan	qinglan	PROPN
fbem-13215	253	9	,	,	PUNCT
fbem-13215	253	10	yang	yang	PROPN
fbem-13215	253	11	jiehui	jiehui	PROPN
fbem-13215	253	12	.	.	PUNCT
fbem-13215	254	1	research	research	NOUN
fbem-13215	254	2	on	on	ADP
fbem-13215	254	3	the	the	DET
fbem-13215	254	4	impact	impact	NOUN
fbem-13215	254	5	of	of	ADP
fbem-13215	254	6	environmental	environmental	ADJ
fbem-13215	254	7	regulations	regulation	NOUN
fbem-13215	254	8	and	and	CCONJ
fbem-13215	254	9	financing	financing	NOUN
fbem-13215	254	10	constraints	constraint	NOUN
fbem-13215	254	11	on	on	ADP
fbem-13215	254	12	enterprise	enterprise	NOUN
fbem-13215	254	13	r	r	NOUN
fbem-13215	254	14	&	&	CCONJ
fbem-13215	254	15	d	d	ADP
fbem-13215	254	16	investment	investment	NOUN
fbem-13215	255	1	[	[	X
fbem-13215	255	2	j	j	X
fbem-13215	255	3	]	]	X
fbem-13215	255	4	.	.	PUNCT
fbem-13215	256	1	journal	journal	PROPN
fbem-13215	256	2	of	of	ADP
fbem-13215	256	3	central	central	PROPN
fbem-13215	256	4	south	south	PROPN
fbem-13215	256	5	university	university	PROPN
fbem-13215	256	6	(	(	PUNCT
fbem-13215	256	7	social	social	ADJ
fbem-13215	256	8	science	science	NOUN
fbem-13215	256	9	edition	edition	PROPN
fbem-13215	256	10	)	)	PUNCT
fbem-13215	256	11	,	,	PUNCT
fbem-13215	256	12	2015,21	2015,21	NUM
fbem-13215	256	13	(	(	PUNCT
fbem-13215	256	14	06	06	NUM
fbem-13215	256	15	):	):	PUNCT
fbem-13215	256	16	78	78	NUM
fbem-13215	256	17	-	-	SYM
fbem-13215	256	18	85	85	NUM
fbem-13215	256	19	.	.	PUNCT
fbem-13215	257	1	[	[	X
fbem-13215	257	2	17	17	NUM
fbem-13215	257	3	]	]	X
fbem-13215	257	4	liu	liu	PROPN
fbem-13215	257	5	shengqiang	shengqiang	PROPN
fbem-13215	257	6	,	,	PUNCT
fbem-13215	257	7	lin	lin	PROPN
fbem-13215	257	8	zhijun	zhijun	PROPN
fbem-13215	257	9	,	,	PUNCT
fbem-13215	257	10	sun	sun	PROPN
fbem-13215	257	11	fangcheng	fangcheng	PROPN
fbem-13215	257	12	,	,	PUNCT
fbem-13215	257	13	chen	chen	PROPN
fbem-13215	257	14	hanwen	hanwen	PROPN
fbem-13215	257	15	.	.	PUNCT
fbem-13215	258	1	the	the	DET
fbem-13215	258	2	impact	impact	NOUN
fbem-13215	258	3	of	of	ADP
fbem-13215	258	4	financing	financing	NOUN
fbem-13215	258	5	constraints	constraint	NOUN
fbem-13215	258	6	and	and	CCONJ
fbem-13215	258	7	agency	agency	NOUN
fbem-13215	258	8	costs	cost	NOUN
fbem-13215	258	9	on	on	ADP
fbem-13215	258	10	enterprise	enterprise	NOUN
fbem-13215	258	11	r	r	NOUN
fbem-13215	258	12	&	&	CCONJ
fbem-13215	258	13	amp	amp	PROPN
fbem-13215	258	14	;	;	PUNCT
fbem-13215	258	15	d	d	X
fbem-13215	258	16	investment	investment	NOUN
fbem-13215	258	17	—	—	PUNCT
fbem-13215	258	18	—	—	PUNCT
fbem-13215	258	19	based	base	VERB
fbem-13215	258	20	on	on	ADP
fbem-13215	258	21	the	the	DET
fbem-13215	258	22	empirical	empirical	ADJ
fbem-13215	258	23	evidence	evidence	NOUN
fbem-13215	258	24	of	of	ADP
fbem-13215	258	25	listed	list	VERB
fbem-13215	258	26	companies	company	NOUN
fbem-13215	258	27	in	in	ADP
fbem-13215	258	28	china	china	PROPN
fbem-13215	259	1	[	[	X
fbem-13215	259	2	j	j	X
fbem-13215	259	3	]	]	X
fbem-13215	259	4	.	.	PUNCT
fbem-13215	260	1	accounting	accounting	NOUN
fbem-13215	260	2	research	research	NOUN
fbem-13215	260	3	,	,	PUNCT
fbem-13215	260	4	2015	2015	NUM
fbem-13215	260	5	(	(	PUNCT
fbem-13215	260	6	11	11	NUM
fbem-13215	260	7	):	):	PUNCT
fbem-13215	260	8	62	62	NUM
fbem-13215	260	9	-	-	SYM
fbem-13215	260	10	68	68	NUM
fbem-13215	260	11	+	+	NUM
fbem-13215	260	12	97	97	NUM
fbem-13215	260	13	.	.	PUNCT
fbem-13215	261	1	[	[	X
fbem-13215	261	2	18	18	NUM
fbem-13215	261	3	]	]	PUNCT
fbem-13215	261	4	miao	miao	NOUN
fbem-13215	261	5	miao	miao	NOUN
fbem-13215	261	6	,	,	PUNCT
fbem-13215	261	7	su	su	PROPN
fbem-13215	261	8	yuandong	yuandong	PROPN
fbem-13215	261	9	,	,	PUNCT
fbem-13215	261	10	zhu	zhu	PROPN
fbem-13215	261	11	xi	xi	PROPN
fbem-13215	261	12	,	,	PUNCT
fbem-13215	261	13	jiang	jiang	PROPN
fbem-13215	261	14	yuyu	yuyu	PROPN
fbem-13215	261	15	,	,	PUNCT
fbem-13215	261	16	zhang	zhang	PROPN
fbem-13215	261	17	hongyu	hongyu	PROPN
fbem-13215	261	18	.	.	PUNCT
fbem-13215	262	1	the	the	DET
fbem-13215	262	2	influence	influence	NOUN
fbem-13215	262	3	of	of	ADP
fbem-13215	262	4	environmental	environmental	ADJ
fbem-13215	262	5	regulation	regulation	NOUN
fbem-13215	262	6	on	on	ADP
fbem-13215	262	7	enterprise	enterprise	NOUN
fbem-13215	262	8	technological	technological	ADJ
fbem-13215	262	9	innovation	innovation	NOUN
fbem-13215	262	10	—	—	PUNCT
fbem-13215	262	11	—	—	PUNCT
fbem-13215	262	12	the	the	DET
fbem-13215	262	13	intermediary	intermediary	ADJ
fbem-13215	262	14	effect	effect	NOUN
fbem-13215	262	15	test	test	NOUN
fbem-13215	262	16	based	base	VERB
fbem-13215	262	17	on	on	ADP
fbem-13215	262	18	financing	financing	NOUN
fbem-13215	262	19	constraints	constraint	NOUN
fbem-13215	262	20	[	[	X
fbem-13215	262	21	j	j	X
fbem-13215	262	22	]	]	X
fbem-13215	262	23	.	.	PUNCT
fbem-13215	262	24	soft	soft	ADJ
fbem-13215	262	25	science	science	NOUN
fbem-13215	262	26	,	,	PUNCT
fbem-13215	262	27	2019	2019	NUM
fbem-13215	262	28	,	,	PUNCT
fbem-13215	262	29	33	33	NUM
fbem-13215	262	30	(	(	PUNCT
fbem-13215	262	31	12	12	NUM
fbem-13215	262	32	):	):	PUNCT
fbem-13215	262	33	100	100	NUM
fbem-13215	262	34	-	-	PUNCT
fbem-13215	262	35	107.doi:10.13956	107.doi:10.13956	NUM
fbem-13215	262	36	/	/	SYM
fbem-13215	262	37	j.ss.1001	j.ss.1001	PROPN
fbem-13215	262	38	-	-	PUNCT
fbem-13215	262	39	8409.2019.12.16	8409.2019.12.16	PROPN
fbem-13215	262	40	.	.	PUNCT
fbem-13215	263	1	[	[	X
fbem-13215	263	2	19	19	NUM
fbem-13215	263	3	]	]	PUNCT
fbem-13215	263	4	xu	xu	PROPN
fbem-13215	263	5	songtao	songtao	PROPN
fbem-13215	263	6	,	,	PUNCT
fbem-13215	263	7	wan	wan	PROPN
fbem-13215	263	8	hongyan	hongyan	PROPN
fbem-13215	263	9	.	.	PUNCT
fbem-13215	264	1	environmental	environmental	ADJ
fbem-13215	264	2	regulation	regulation	PROPN
fbem-13215	264	3	,	,	PUNCT
fbem-13215	264	4	government	government	NOUN
fbem-13215	264	5	support	support	NOUN
fbem-13215	264	6	,	,	PUNCT
fbem-13215	264	7	and	and	CCONJ
fbem-13215	264	8	financing	financing	NOUN
fbem-13215	264	9	constraints	constraint	NOUN
fbem-13215	264	10	in	in	ADP
fbem-13215	264	11	heavily	heavily	ADV
fbem-13215	264	12	polluting	pollute	VERB
fbem-13215	264	13	industries	industry	NOUN
fbem-13215	264	14	[	[	X
fbem-13215	264	15	j	j	X
fbem-13215	264	16	]	]	X
fbem-13215	264	17	.	.	PUNCT
fbem-13215	265	1	statistics	statistic	NOUN
fbem-13215	265	2	and	and	CCONJ
fbem-13215	265	3	information	information	NOUN
fbem-13215	265	4	forum	forum	PROPN
fbem-13215	265	5	,	,	PUNCT
fbem-13215	265	6	2011	2011	NUM
fbem-13215	265	7	,	,	PUNCT
fbem-13215	265	8	26	26	NUM
fbem-13215	265	9	(	(	PUNCT
fbem-13215	265	10	09	09	NUM
fbem-13215	265	11	):	):	PUNCT
fbem-13215	265	12	77	77	NUM
fbem-13215	265	13	-	-	SYM
fbem-13215	265	14	83	83	NUM
fbem-13215	265	15	.	.	PUNCT
fbem-13215	266	1	[	[	X
fbem-13215	266	2	20	20	NUM
fbem-13215	266	3	]	]	PUNCT
fbem-13215	266	4	xu	xu	PROPN
fbem-13215	266	5	songtao	songtao	PROPN
fbem-13215	266	6	,	,	PUNCT
fbem-13215	266	7	xiao	xiao	PROPN
fbem-13215	266	8	xu	xu	PROPN
fbem-13215	266	9	.	.	PUNCT
fbem-13215	267	1	environmental	environmental	ADJ
fbem-13215	267	2	regulation	regulation	PROPN
fbem-13215	267	3	,	,	PUNCT
fbem-13215	267	4	nature	nature	NOUN
fbem-13215	267	5	of	of	ADP
fbem-13215	267	6	property	property	NOUN
fbem-13215	267	7	rights	right	NOUN
fbem-13215	267	8	and	and	CCONJ
fbem-13215	267	9	financing	financing	NOUN
fbem-13215	267	10	constraints	constraint	NOUN
fbem-13215	267	11	of	of	ADP
fbem-13215	267	12	listed	list	VERB
fbem-13215	267	13	companies	company	NOUN
fbem-13215	267	14	[	[	X
fbem-13215	267	15	j	j	X
fbem-13215	267	16	]	]	X
fbem-13215	267	17	.	.	PUNCT
fbem-13215	268	1	economic	economic	ADJ
fbem-13215	268	2	system	system	NOUN
fbem-13215	268	3	reform	reform	NOUN
fbem-13215	268	4	,	,	PUNCT
fbem-13215	268	5	2011	2011	NUM
fbem-13215	268	6	(	(	PUNCT
fbem-13215	268	7	04	04	NUM
fbem-13215	268	8	):	):	PUNCT
fbem-13215	268	9	146	146	NUM
fbem-13215	268	10	-	-	SYM
fbem-13215	268	11	150	150	NUM
fbem-13215	268	12	.	.	PUNCT
fbem-13215	269	1	[	[	X
fbem-13215	269	2	21	21	NUM
fbem-13215	269	3	]	]	PUNCT
fbem-13215	269	4	yu	yu	PROPN
fbem-13215	269	5	desheng	desheng	PROPN
fbem-13215	269	6	,	,	PUNCT
fbem-13215	269	7	li	li	PROPN
fbem-13215	269	8	xing	xing	PROPN
fbem-13215	269	9	.	.	PUNCT
fbem-13215	270	1	environmental	environmental	ADJ
fbem-13215	270	2	regulation	regulation	NOUN
fbem-13215	270	3	,	,	PUNCT
fbem-13215	270	4	financing	financing	NOUN
fbem-13215	270	5	constraints	constraint	NOUN
fbem-13215	270	6	,	,	PUNCT
fbem-13215	270	7	and	and	CCONJ
fbem-13215	270	8	enterprise	enterprise	NOUN
fbem-13215	270	9	innovation	innovation	NOUN
fbem-13215	271	1	[	[	X
fbem-13215	271	2	j	j	X
fbem-13215	271	3	]	]	X
fbem-13215	271	4	.	.	PUNCT
fbem-13215	272	1	eco	eco	NOUN
fbem-13215	272	2	-	-	PUNCT
fbem-13215	272	3	economy	economy	NOUN
fbem-13215	272	4	,	,	PUNCT
fbem-13215	272	5	2021	2021	NUM
fbem-13215	272	6	,	,	PUNCT
fbem-13215	272	7	37	37	NUM
fbem-13215	272	8	(	(	PUNCT
fbem-13215	272	9	04	04	NUM
fbem-13215	272	10	):	):	PUNCT
fbem-13215	272	11	44	44	NUM
fbem-13215	272	12	-	-	SYM
fbem-13215	272	13	49	49	NUM
fbem-13215	272	14	+	+	CCONJ
fbem-13215	272	15	79	79	NUM
fbem-13215	272	16	.	.	PUNCT
fbem-13215	273	1	[	[	X
fbem-13215	273	2	22	22	NUM
fbem-13215	273	3	]	]	X
fbem-13215	273	4	chen	chen	PROPN
fbem-13215	273	5	shiyi	shiyi	PROPN
fbem-13215	273	6	,	,	PUNCT
fbem-13215	273	7	zhang	zhang	PROPN
fbem-13215	273	8	jianpeng	jianpeng	PROPN
fbem-13215	273	9	,	,	PUNCT
fbem-13215	273	10	liu	liu	PROPN
fbem-13215	273	11	chaoliang	chaoliang	PROPN
fbem-13215	273	12	.	.	PUNCT
fbem-13215	274	1	environmental	environmental	ADJ
fbem-13215	274	2	regulation	regulation	NOUN
fbem-13215	274	3	,	,	PUNCT
fbem-13215	274	4	financing	financing	NOUN
fbem-13215	274	5	constraints	constraint	NOUN
fbem-13215	274	6	and	and	CCONJ
fbem-13215	274	7	enterprise	enterprise	NOUN
fbem-13215	274	8	pollution	pollution	NOUN
fbem-13215	274	9	reduction	reduction	NOUN
fbem-13215	274	10	—	—	PUNCT
fbem-13215	274	11	—	—	PUNCT
fbem-13215	274	12	from	from	ADP
fbem-13215	274	13	the	the	DET
fbem-13215	274	14	evidence	evidence	NOUN
fbem-13215	274	15	of	of	ADP
fbem-13215	274	16	pollution	pollution	NOUN
fbem-13215	274	17	fee	fee	NOUN
fbem-13215	274	18	standard	standard	ADJ
fbem-13215	274	19	adjustment	adjustment	NOUN
fbem-13215	275	1	[	[	X
fbem-13215	275	2	j	j	X
fbem-13215	275	3	]	]	X
fbem-13215	275	4	.	.	PUNCT
fbem-13215	276	1	financial	financial	ADJ
fbem-13215	276	2	research	research	NOUN
fbem-13215	276	3	,	,	PUNCT
fbem-13215	276	4	2021	2021	NUM
fbem-13215	276	5	(	(	PUNCT
fbem-13215	276	6	09	09	NUM
fbem-13215	276	7	):	):	PUNCT
fbem-13215	276	8	51	51	NUM
fbem-13215	276	9	-	-	SYM
fbem-13215	276	10	71	71	NUM
fbem-13215	276	11	.	.	PUNCT
fbem-13215	277	1	[	[	X
fbem-13215	277	2	23	23	NUM
fbem-13215	277	3	]	]	PUNCT
fbem-13215	277	4	ye	ye	PRON
fbem-13215	277	5	cuihong	cuihong	NOUN
fbem-13215	277	6	.	.	PUNCT
fbem-13215	278	1	financing	financing	NOUN
fbem-13215	278	2	constraints	constraint	NOUN
fbem-13215	278	3	,	,	PUNCT
fbem-13215	278	4	government	government	NOUN
fbem-13215	278	5	subsidies	subsidy	NOUN
fbem-13215	278	6	,	,	PUNCT
fbem-13215	278	7	and	and	CCONJ
fbem-13215	278	8	green	green	ADJ
fbem-13215	278	9	innovation	innovation	NOUN
fbem-13215	278	10	for	for	ADP
fbem-13215	278	11	enterprises	enterprise	NOUN
fbem-13215	278	12	[	[	X
fbem-13215	278	13	j	j	X
fbem-13215	278	14	]	]	X
fbem-13215	278	15	.	.	PUNCT
fbem-13215	279	1	statistics	statistic	NOUN
fbem-13215	279	2	and	and	CCONJ
fbem-13215	279	3	decisionmaking	decisionmake	VERB
fbem-13215	279	4	,	,	PUNCT
fbem-13215	279	5	2021	2021	NUM
fbem-13215	279	6	,	,	PUNCT
fbem-13215	279	7	37	37	NUM
fbem-13215	279	8	(	(	PUNCT
fbem-13215	279	9	21	21	NUM
fbem-13215	279	10	):	):	PUNCT
fbem-13215	279	11	184	184	NUM
fbem-13215	279	12	-	-	SYM
fbem-13215	279	13	188	188	NUM
fbem-13215	279	14	.	.	PUNCT
fbem-13215	280	1	doi:10.13546	doi:10.13546	PROPN
fbem-13215	280	2	/	/	SYM
fbem-13215	280	3	j.cnki.tjyjc.2021.21.038	j.cnki.tjyjc.2021.21.038	PROPN
fbem-13215	280	4	.	.	PUNCT
fbem-13215	281	1	[	[	X
fbem-13215	281	2	24	24	NUM
fbem-13215	281	3	]	]	X
fbem-13215	281	4	ren	ren	PROPN
fbem-13215	281	5	xiaosong	xiaosong	PROPN
fbem-13215	281	6	,	,	PUNCT
fbem-13215	281	7	liu	liu	PROPN
fbem-13215	281	8	yujia	yujia	PROPN
fbem-13215	281	9	,	,	PUNCT
fbem-13215	281	10	zhao	zhao	PROPN
fbem-13215	281	11	guohao	guohao	PROPN
fbem-13215	281	12	.	.	PUNCT
fbem-13215	282	1	the	the	DET
fbem-13215	282	2	influence	influence	NOUN
fbem-13215	282	3	of	of	ADP
fbem-13215	282	4	economic	economic	ADJ
fbem-13215	282	5	agglomeration	agglomeration	NOUN
fbem-13215	282	6	on	on	ADP
fbem-13215	282	7	carbon	carbon	NOUN
fbem-13215	282	8	emission	emission	NOUN
fbem-13215	282	9	intensity	intensity	NOUN
fbem-13215	282	10	and	and	CCONJ
fbem-13215	282	11	its	its	PRON
fbem-13215	282	12	transmission	transmission	NOUN
fbem-13215	282	13	mechanism	mechanism	NOUN
fbem-13215	282	14	[	[	X
fbem-13215	282	15	j	j	X
fbem-13215	282	16	]	]	X
fbem-13215	282	17	.	.	PUNCT
fbem-13215	283	1	chinese	chinese	ADJ
fbem-13215	283	2	population	population	NOUN
fbem-13215	283	3	,	,	PUNCT
fbem-13215	283	4	resources	resource	NOUN
fbem-13215	283	5	and	and	CCONJ
fbem-13215	283	6	environment	environment	NOUN
fbem-13215	283	7	,	,	PUNCT
fbem-13215	283	8	2020,30	2020,30	PROPN
fbem-13215	283	9	(	(	PUNCT
fbem-13215	283	10	04	04	NUM
fbem-13215	283	11	):	):	PUNCT
fbem-13215	283	12	95	95	NUM
fbem-13215	283	13	-	-	SYM
fbem-13215	283	14	106	106	NUM
fbem-13215	283	15	.	.	PUNCT
fbem-13215	284	1	[	[	X
fbem-13215	284	2	25	25	NUM
fbem-13215	284	3	]	]	X
fbem-13215	284	4	li	li	PROPN
fbem-13215	284	5	tao	tao	PROPN
fbem-13215	284	6	,	,	PUNCT
fbem-13215	284	7	leon	leon	PROPN
fbem-13215	284	8	.	.	PUNCT
fbem-13215	285	1	enterprise	enterprise	NOUN
fbem-13215	285	2	innovation	innovation	NOUN
fbem-13215	285	3	and	and	CCONJ
fbem-13215	285	4	environmental	environmental	ADJ
fbem-13215	285	5	performance	performance	NOUN
fbem-13215	285	6	—	—	PUNCT
fbem-13215	285	7	—	—	PUNCT
fbem-13215	285	8	based	base	VERB
fbem-13215	285	9	on	on	ADP
fbem-13215	285	10	the	the	DET
fbem-13215	285	11	perspective	perspective	NOUN
fbem-13215	285	12	of	of	ADP
fbem-13215	285	13	external	external	ADJ
fbem-13215	285	14	governance	governance	NOUN
fbem-13215	285	15	environment	environment	NOUN
fbem-13215	286	1	[	[	X
fbem-13215	286	2	j	j	X
fbem-13215	286	3	]	]	X
fbem-13215	286	4	.	.	PUNCT
fbem-13215	287	1	industrial	industrial	ADJ
fbem-13215	287	2	technology	technology	NOUN
fbem-13215	287	3	and	and	CCONJ
fbem-13215	287	4	economy	economy	NOUN
fbem-13215	287	5	,	,	PUNCT
fbem-13215	287	6	2019,38	2019,38	NUM
fbem-13215	287	7	(	(	PUNCT
fbem-13215	287	8	10	10	NUM
fbem-13215	287	9	):	):	PUNCT
fbem-13215	287	10	92	92	NUM
fbem-13215	287	11	-	-	SYM
fbem-13215	287	12	100	100	NUM
fbem-13215	287	13	.	.	PUNCT